Ann: JRV: NSW government approval to transfer Flemington to AUZ, page-3

I believe the market is over reacting to the threat of “dumping “ ..If we look at the structure details one will appreciate that this is a good funding deal for AUZ with perhaps a fund that has a tarnished image in Australia. I re iterate , this is a good deal for AUZ at this stage of its project life.

Any fund that invests in a risky start up like AUZ will have completed a trade off analysis well before engaging ..call it risk / reward trade off .Given high risk for such start ups, at minimum Bergen will look to releasing shares at the 9 c range ..and the volumes we are looking at given daily trade volumes will be easily absorbed by the market.

So please appreciate two factors before panicking .. the trade off for Bergen and its need to allow its investments to “bake well” and the lack of severity in the volume we refer to.

cheers