Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

I have been a longstanding shareholder in this company for quite awhile - each year I find that my investment has been eroding at a significant rate - may I suggest that everyone vote NO to each of the motions at the upcoming AGM. It is a reluctant request but it may just send a message to the board that a little more "fire in the belly" is required to improve company performance especially the size and structure of the current outstanding loans. I think we all know that this is a good company but the debt level is holding the share price back. I have been and still am a longstanding supporter of Con the MD.