Ann: Preliminary Final Report, page-181

I'm not going to be holding my breath on this.

What I would like to know is what's happened to the SREI deal. They announce with fanfare that this is happening and the market get's all excited. At the AGM Gary advised in an update on this that they were just considering the terms (as it was a cost plus arrangement) to ensure that there was a reasonable return on the arrangement, and then nothing.

Why do they announce with fanfare this relationship but cannot give us an update on where they stand after 0ver a year? What's happened to continue disclosure requirements regarding price sensitive information? The Board should give us an update on this and not do a Quintis on us.

I understand that there are different strategies that this business is pursuing with the tie up with NOV, what I can't understand is the direction that they are taking with their core business over the last 10 years that I have been invested with this group.

Interested in fellow investors fronting up at the next AGM to make our point.