Ann: Quarterly Update and Appendix 4C, page-11

I was doing the averaging down until the suspension. That was farcical. I tried to convince myself to actually buy the additional shares in the raise for the options, but I couldnt bring myself to any conclusion other than its sunk. Even, if buntine is far superior to soy, which I give it a chance it is, I have lost any belief that management will be able to create the value with it. I have been involved in plenty of tech from lithium, minerals processing, etc. When stuff fails, a lot of the time its not the technology. Its people short cutting the narrative, to ensure early valuations and then trying to paper over the gaps until it spirals out of control. As some people say, back the jockey not the horse, because whilst a good jockey cant get a slow horse to run, a bad jockey can sink a good horse. Im not backing the jockeys riding WOA.