1.The second trance motion to issue 967ms shares to Feng Hua at...

1.The second trance motion to issue 967ms shares to Feng Hua at $0.01116/share should be stopped. This equates to $0.160/cont tn IO ig.

2. This represents a rediculous low price and does not add any value for HAW shareholders.

3.Even with an initial IO resource of 617mt @ 32.1% fe this equated to $0.318/cont ton IO ig. buy by NMDC which is 50% greater than Feng Hua are currently offering.

4. The current Hanlong china offer for SDL IO assets is at $0.985/cont ton IO ig. New 500Km rail and Port facilities regd.

5. HAW should go and find a fair and reasonable offer even if it takes further time and effort and not proceed with current Feng Hua low ball offer.

6. My AGM vote will be rejecting this low ball offer.