Ann: AGM Presentation, page-82

Hi volunteer1,

I am just stating the facts mate. People can ignore them but that won't mean the facts will disappear - continued delays in starting the sand pit; continual furphies about we are now "fully-funded"; a bank financing deal that was announced 17 months ago but still not bedded down..... That's not being sour old chum, its simply being pragmatic. You can't ignore facts mate....that's why a few people here agreed with my earlier post - they believe in the company but they are frustrated by delays and broken committments.