nothing has changed, page-7

Come on, Goldie, that's a bit dire.

Underwriters, and clients thereof, take hits on SPPs all the time. Nature of the best, I'm afraid. To state that just because this one is temporarily under water means TZ becomes a pariah in the investment community that no-one will ever touch again is at best alarmist, and IMO ill-considered.

Then again, you appear to know things we do not. I wish you would just come out and be specific. As for comparing the current board to the previous with the sedan chair analogy, that's just plain insulting, not to mention that you were the number one carrier of the sedan chair for Sigalla.

Sigalla and co were actively engaged in lying to shareholders while fleecing the company for personal gain. MB and co are re-building the company.

For the record, I am not a bottom picker, or a nit picker. I took what I thought was a considered risk with the SPP, which in the short term has gone against me. I did not think the SP would drop significantly below 35 cents, but that was not an attempt at trying to pick the bottom. It's where I saw value. I still do. The drop is on very light volume, so why it's happening I an't say. But if it continues I will take advantage of it.

In this respect I do not have my head in a place where the sun doesn't shine, nor am I trying to find positives where none exist. I am as concerned as you or anyone else about the SP. But sink or swim? No, I do not think we are back on the road to oblivion.

For the record #2, I have just emailed MB and Dickory Ruddock expressing my concerns about the "policy" of not releasing CEO updates on the ASX, and suggesting they review it. I know Lance has already done so, but will let you know what I get back.

All the best.