Ann: Quarterly Report , page-21

Hi Switchmullet,

I would like to know what it is that you now see. I see a company with no debt,plenty of money in the bank, preparing a mine, access to rail and port. Investors wanting to pay a premium to get on board.

I'm not being smart, but what is it I'm missing. B007 and yourself seem to have really gone off CDU, only when it seems to be in its strongest postion.

I would be interested in your comments for my own alternative reading. Thank you in advance.