Ann: Managing Director Presentation to Shareholders, page-8

Funds still stuck, they are awaiting the central bank to release, there is no timeline, just waiting, waiting.

as far as the 300 go for relisting, we got 600 to participate in the last cap raise, however the target of $20 mill was not met.

the last cap raise of 70c was based on the market conditions at the time and on advice from brokers/advisers.

Myl are doing everything in their power to relist, working closely with asx to get us back on the boards before Feb 1st.

we don’t have enough funds to get to nameplate, $$$ from selling nickel or cap raise needed.