Ann: Notice under S.650F - Gandel Metals Bid now Unconditional, page-12

Hi dsm0 and all long term Alliance holders. .. I’ve always tried to post my views on HC honestly and transparently, and so I’m posting now to say that my appetite for risk has definitely wained.

Only a few shareholders, if any at all, will be interested but I wanted to let those few know that, after much consideration of the pros and cons, I finally decided to accept the offer. I think we were holding 1% so these will soon be added to Gandel Metals holdings. ... I left the acceptance form at the local post office this morning for it to be put in their priority bag, expecting to reach Melbourne by Monday at the latest - in time for processing by the current deadline of Oct 2nd.

For all who decide to continue holding I’d like to wish you all the best. Of course an increase in the offer and an extension to the deadline is still on the cards but for me, at this time, it is time to let go. ... GL to All. ... sis