Ann: Appointment of Executive Chairman, page-42

World markets are also very unpredictable at the moment (more likely to go down than up unfortunately)

in terms of Shp

1) market now has more confidence in the resource and only has to wait until July-aug until resource statements and scoping study

2) the market has less confidence with the company structure as the head of the organisation has left at this critical time

3) the market had lost confidence with substantial shareholder delphi selling during a fertiliser boom … maybe they will purchase the shares back? If I was Chris I would not have been happy with delphi selling and having a representative on the board of directors.