Ann: AMEC 2012 Presentation , page-10

Chiefy Its been the same old rubbish re-hashed year on year. I hold and will continue to do so. There is no point in saying in year 1 we will do X in year 2 we will do X. They have been saying this for years. Who remembers the good ship Ironclad slide sailing out of port with December 2010 on the side, maybe it should have read 2020!

TRF presentations, and IFE for that matter , always say the same thing. I wish they would get rid of the octopus as well. Nothing new here nothing do get Shareholders excited. $5m in cash that will soon go, but we will have a lot of land - so what! cant get any income from it.

Litch