Ann: Investor Presentation, page-33

ADL,

I welcome different perspectives as long as they are supported. It keeps a sense of reality on the forum.

Let’s hope it plays out the way we hope but as with any investment we are dealt a few curve balls along the way. It is how the Company react moving forward that counts. My “gut” is suggesting a CR sooner rather than later as a precautionary move. Raising funds on less favourable results will create more pain for shareholders and it may be prudent to raise at A$0.10 rather than the alternative. We all know Cash will be an issue moving forward, the timing and circumstances is the only questionable variable.

Good Luck All