jorc upgrade, page-9

And your point is?

Any reference to Reefton is outdated by a long way and only enables you to get one out of three current issues correct, with your reference to Magna appointment and resignation.

Methinks you have lost the name of the game and are obviously happy with a grossly underperforming stock.

One only needs to digest the Southern Cross Equities report of July 2nd 2008, to realise the huge upside of the uranium industry (in their opinion), where they additionally started pumping up Paladdin (PDN), who coincidentally are WME neighbours of sorts; Their 12 month aim for PDN is $7.10 (currently low $5.00's) and with the hunger for future stock, state that any realistic takeover target for PDN would have to be in the $12 - $13 range for it to succeed.

They additionally went to report that PDN will be ramping up Phase 2 of the production at the Langer Heinrich, site which will take them to 3.7Mlb pa with a 15 year mine life.

This is what we and in particular the Board, should have been concentrating on and if you and the other detractors of the required changes cannot see that, your expectations are quite different from mine.

The change needs to happen.