Ann: Ironbark Granted Section 19-43 Permit by GL Government, page-32

Hottin we need to be very vidulant to make sure IBG does not end up like another KAS where IMHO the Directors got in to bed with PALA and when they were stopped from giving KAS away to an insolvent company that went Bankrupt they simply let PALA take 90% off KAS and have now taken it of the ASX and can do what ever they like with the company.This can all be proved now of coarse but after the fact and nothing can be done. Easy to prove now it has been done . I think unlikely but is possible and being the ASX anything seems possible.