clarification of capital raising, page-34

AGO are under no obligation to report informal interest in Ridley which of course is all that it currently is, or at least was explained to me to be.

To suggest Tony 'spilt any beans' is unfair. He was very careful with what he said (even on a Friday evening) and on a number of occasions said he couldn't provide specifics to my questions/observations.

I'm not too excited of the Chinese interest in Ridley. Selling Ridley to the Chinese wont be hard, what is important is selling it under the right terms. Tony stressed this very point and hence the possible involvement of an investment bank next month. They certainly wont be giving it away and the capital raising gives them the funds to go about their business without any undo pressure for cash.