Ann: Appointment of Chairman and Director Resignation-ABU.AX, page-32

CUB. Old Pirate is no longer part of the scenario. Were the original decisions made to open pit the resource a disaster YES, for all of us holders, but ABU has now moved on & are now concentrating on some potentially exciting targets along with the Bumblebee JV with IGO. IF, OP kicks off again it will be an underground operation & for me this would be a licence to print money & of course provide an ongoing cashflow to the company. At present it's all blue sky, but that's better than the storm clouds thunder & lightening that we all have experienced over the last few years. The new management seem to have their fingers on the pulse & the company destroying infighting has ceased.We should hear towards the end of this month or early next month some preliminary exploration results. Gold at over $A1800 per ounce, for the future of the Australian gold mining industry it doesn't get much better.Fingers crossed.