Ann: Annual Report to shareholders, page-28

Fair enough too, Bahay has to deliver on the news flow.

Proof will be in the pudding. I don't completely have my eyes closed hoping for the best.

I do take my rose coloured glasses off every now and again, especially when my own brother starts asking lots of questions, much like what has been raised of late.

I don't defend the company, I'm not paid by them, but I have a serious vested interest given my shareholding.

I have a longer term time frame, I liken my holdings to BRN, AVZ and NVX in the 3-4 years leading up to their exploding share prices. Nothing happens, everyone gets disenheartened, some even sell out of boredom and frustration, then boom the share price takes off.

I'll be here for when that happens. I can't say when that will happen, 3 months, 12 months, 3 years, but I can tell you I will be here in a big way when it does.

In the meantime, I will continue to do what I have been doing for 3 years, keep talking to Bahay. Keep you posted.

Mr M.