Ann: Appendix 3B, page-2

Almost 900,000,00 shares on issue. Yesterday it closed at $0.003 which, if considered in the context of the massive dilution over the past 18 months, must now be viewed as over valued. New management are trying to hold it together after picking up a dog of a mess left for them, but the battle is seriously all uphill. Where are all the results from drilling? Or hasn’t there been drilling. What about the Scoping Study? It wasn’t a Scoping Study. Smoke and mirrors from previous management and cash, shareholders cash, being removed for unnecessary expenses. Remember, they should still have $200k worth of prepaid drilling expenses from John Doutches company. Bet that never eventuates.

Good luck holders, but I think now you need more than luck. You need a miracle.