Ann: Quarterly Activities Report , page-9

Projected commissioning of crushing plant--mid March due to modification and upgrades by CuDeco. This does not impact overall timelines.

Conix,

The consequences of handling uranium were not recognised in those days and the precautions now in place make for a healthier workplace.

That you are a healthy survivor when the other three succumbed to liver cancer is one of those mysteries. Your immune system may well have been superior to theirs--inhereted better genes.

Recently the Queensland Government announced it had ascertained that the tailings dump at Mary Kathleen contained billions of dollars in rare earths--either not recognised or missed but important now.

It must give you a great satisfaction to see Wilgar coming into its own. The relaxation of the ban on uranium mining in Queensland gives CDU yet another mineral to process--all good stuff.

I am pleased that you remain healthy and active. Hope you get the Queen's [ or President's ] letter.