Ann: Proposed issue of securities - CLZ, page-36

There have been many companies over the years that have focussed on profits over everything else. This strategy has led to some very unfortunate outcomes for all concerned.

My suggestion would be to focus on the fundamentals:

1. Creating enduring business value for shareholders;
2. Reducing business risk;
3. Improving shareholder relations through open, transparent and timely communications;
4. Addressing the uncertainty around key issues such as the whereabouts of the Gekko plant, the nature of the relationships with key creditors among others; and
5. Reigning in the level of cash burn, the perpetual CRs and the resultant shareholder dilution, which has to be the among the highest on the ASX.

If investors are losing confidence it is a consequence of Board and management actions, not because of a collective will for such an outcome.

Your attempt to cast those whom disagree with your perspective as “Russians” is deplorable. The majority of the Russian people are not willing participants in the atrocities unfolding in the Ukraine.