Ann: Appendix 5B, page-5

When considering the report open mindedly, it does look like they have achieved nothing as the off take agreement was signed over four months ago and the last time any sort of agreement was inked was way back with SKI and back then they had been arranging finance with a host of Financers and Benjamin Bell also stated SKI would be financing the Sconi project, what happened to all those Financiers did they all just drop of the face of the earth, surely 4 years is Enough time to convince Financiers if you cannot get it done in that time, then it's very hard to believe they can achieve it in the next 4 or 5 months, oh yeh they have the old extension sitting there haven't they, whilst still hiding behind non disclosures.

So the only thing they have achieved is to continue pulling the wool over the eyes of shareholders with the same old rhetoric of years gone by, of course whilst doing this they have made sure that the Staff and Corporate feed bins are overflowing to feed from, so yes they have achieved something constructive keeping the feed bins full, to good this mob, an no wonder the past 3 Remuneration Reports were voted against.