Ann: Requisition for Shareholders Meeting to Rest, page-52

re: Ann: Requisition for Shareholders Meeting... The killer in this boardroom spill is that it creates uncertainty.

The result being a depressed share price and it will make it harder to recruit suitably qualified people to the board/company further depressing the share price.

Just at a time when further capital is required thus casuing greater dilution that would have been the case had this action not been taken.

My hope had been that we would get a positive announcement about the expansion of the Songas plant (presumably this won't come until after the Tanzanian election on 31st Oct). Just in time for drilling of the North Perth Basin (my fingers were crossed that this would be successful) thus increasing the share price and enabling a raising to be conducted on more favourable terms to pay for Nyuni #2.