Ann: Director Appointment/Resignation, page-7

Hi TB. et-al Can understand the reaction however suggest it is not as crazy as it first seems. From an absolutely A-political position my understanding is that he is a pretty savvy and conservative character who has some previous resources experience I think in coal (though noted it has not been stated). Building this business is going to require an abundance of political nous at State level - he has that but being NSW enjoys somewhat a China wall from anyone serving in Qld. Strategically looks like a good move to me. Happy to be part of the jury but inclined to wait until the evidence is presented before passing judgement. JIMO but I rather still like the way this is all being re-built though would like to see it start trading before we figure a way not to need resources.