Ann: Presentation at RIU Sydney Resources Roundup, page-51

Hi all,

The RIU Resource Conference isn’t about placating current shareholders, or even trying to tell them something they haven’t heard before. It’s about telling potential new investors a positive story with as much factual information as possible in 15 minutes. It’s a sales pitch not a market update presentation. The market update happened the day before in the form of an ASX Announcement. And a very positive announcement it was at that.

If the TX deal eventuates, which Bob and Co. are confident will, all our ducks will fall into line.

Then, to quote Humphrey Bogart from Casablanca, “Louis, I think this is the beginning of a beautiful friendship.”

Regards,

gjn.