Ann: Notice of Annual General Meeting/Proxy Form, page-3

I know exactly where your coming from ! I’ve been a shareholder since the early Eagle Bay days , when Tony Rechner told me once about some old essay geological reports written in French that portrayed Cultana as showing great potential , the run of gas/oil wells drilled in the Cooper Basin , the Oil plays in Bass Straight , Graphite mine fiasco float etc , etc , but they all have been good plays unfortunately none of them came through , Ill be loosing a lot more than tens of thousands of dollars if something dosn’t come through , mining exploration is a very risky business and the rewards can be high , I think the Directors have and are doing their best and hopefully this companies luck will change .