Ann: Managing Directors Presentation AGM 13/11/2014, page-75

Hi sbk120,

I think enough post mortems have been conducted since the A G M but deep down we are left with a little hope that things will get better.

Personally I have written off my investment and any thoughts of averaging down have rightfully gone to the wayside.. Whilst averaging down can often save the day, it is often looked upon as throwing good money after bad.

Prior to the1969 mining boom Poseidon traded as low as 2 cents before goling to the moon and back so I lets hope a miracle comes our way.