Ann: Phase 1 Economics Updated and Improved, page-33

I don't disagree with a lot of what you have posted in this response and i'd love it if all your posts had the same thought out logic. I think the LPD boards would be better for it. Which as I have discussed with you why you haven't made my personal ignore list. So I hope you took my post in the spirit it was intended which is not always easy without the nuance of body language and tone of speach.

But that brings me to half the point of why I said it was a good idea to ask some of those questions that you know they cant answer due to asx rules. To see and listen to how they are answered as it might lead you to some strong conclusions.

I agree that management is similar to a used car salesman in that they are not going to tell you its a rusty bucket that hasn't had an oil change for 100,000km but at the same time i certainly didn't come away from todays meeting with that feeling from managment and it only strengthened my belief that LPD is grossly undervalued by the market at the moment and will rerate over the next 2-3 years into production etc.

Only time will tell if I'm right but you need to trust your gut and as long as you get more calls right than wrong you are going to be in a good place.

I hope they release the meeting because i'd actually like to watch joe's presentation again with my full attention this time.

Good luck for the future all holders, I know many of you have been here far longer than I have but i really think this is the last time we will see these lows.