Ann: Application for quotation of securities - LCK, page-7

Isildurr, thank you for your comment. If it makes you feel good to have a shot at the bad boy, well and good. But, I will treat your comment with a degree of respect.

Look at what you have:

An abundance of probably the cheapest feedstock on the planet.

Proven technology in the urea plant.

A ready market.

Capable of competing favourably anywhere in the world.

As I see it, you have only two hurdles, finance and environmental.

But what do you do. You and your mates sit around around indulging in useless rhetoric, which has very little value.

Yes, I do follow the money trail and share dilution very closely.

If things don't pan out as you hope they will, you could end up with a $3 billion company with a share say, 15 cents,

The Investor is sitting on $12 million which LCK will probably need very soon. So why don't you do something useful. Study the Agreement and see how badly it favours LCK. Make some useful comment on how funding might be delivered in the next couple of years.

This also includes maybe a massive share placement, and its effect on Board composition, dilution, and share price.

Let's work together to better understand the financial implications going forward. J L.