Werner,I do not agree that our campaign caused the SP to drop....

Werner,

I do not agree that our campaign caused the SP to drop. It was the impact of wobbles in the Ni price on a company in which the market has little confidence that caused the SP to drop.

We can both see what this company SHOULD be worth, however it is up to the company to build the trust of the market so that the SP does reflect fair value.

There is no doubt that the announcement on loan notes was a step in the right direction, but it is clear already from today's market reaction (given that the announcement did not hit the streets until late yesterday) that a lot more needs to be done on all fronts.