Ann: S&P Ratings Services Downgrade, page-5

Freida

Well done. I didn't have the confidence to say what you have just said and already it is looking good. Wasn't it amazing that the market ignored O'Brien's comments for the first hour and now it has taken off. Imagine what would have happened to the shares if O'Brien had made that statement when the shares were 21c and prior to the Fin Review and other negative articles coming out.

Another positive is that Boetel will be out very soon if it continues its heavy selling as it appears to be doing today. Within days it will no longer be a substantial shareholder and within a week it could be gone altogether.

I read the article and thought like you have and I was looking at buying back some of my shares at 8.9c but I just didn't have the confidence to have another go after the bad run I have had.

GPASAS