Ann: Response to ASX Query, page-10

An outstanding response in my view. One that reflects top quality and stable management.

I'm especially happy with the firm reaction to the risk of any customer engaging in underhanded dealings resulting in contracts being terminated. Shows the great integrity the company holds.

I really appreciate the clear and multi faceted approach to outlining the valuation of both the wood and oil.

I topped up at $1.32 and am happy to top up again if we hang around down here long.

This is a disgraceful effort by the shorter, but I remain convinced there's significant value here in the medium term.