shareholder research-new instalment, page-2

Helmel,

That report didnt explain anything at all to me.

If holders are looking for reasons for the shareprice slump, then I feel a read of page 7 of the 2009 Annual report gives a much better clue to the action.

That page has some words which state that a new JORC will come out "later in 2009".

As we all now know, it didnt happen until later in 2010.

Waiting for the non-existant JORC update did tremendous harm to the share price in my view.