Sent to over twenty people including of course the CEO of ASIC,...

Sent to over twenty people including of course the CEO of ASIC, Mr Greg Yanco.

Dr Greg Craven NAIF, FIRB and the Commonwealth S-C

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Howard Patrick<[email protected]>	2:24 PM (0 minutes ago)
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Attached is a copy of a letter/email I have sent today to Dr Greg Craven, Non-Executive chairman of Genex Power Ltd.

I have copied the letter into this email; below.

I have also attached a letter to Mr Chris Collins, NAIF's Chief Legal Officer. Answers remain outstanding; despite repeated emails to him.

Just to remind you, in 2022 I persisted with efforts to stop the Simon Kidston promoted takeover of Genex Power Ltd by Skip Capital. The 25 cents per share bid was withdrawn by the so-called "Consortium" Jackson and Farquhar put together for legal reasons,NOTbecause of the egress of water into the MAT, (Main Access Tunnel).

ASIC, as expected, has not acted, at least publicly, upon the Report or Misconduct; misconduct involvingMARKET MANIPULATIONby the Genex Board which included, over the crucial time, an employee of J - Power.

When I decided to lodge the Report of Misconduct I was motivated by what lay behind the significant but unexplained disparity between the 25 cent offer from Skip Capital and the 27 cent offer from J - Power. I fully anticipated that the issue ofMARKET MANIPULATIONwould be overtaken by the issue of an overseas corporation possibly gaining benefits of the NAIF taxpayer funded but"SECRET"concessional loan.

It turns out ASIC has, seemingly, decided to turn a blind eye to the Report of MisconductANDthe legal issues around the NAIF loan and possible overseas corporation ownership of it.

Thus I find myself pursuing matters like I did in 2022.

Interesting how, on both occasions the AFR did articles. prompted by the Genex insider, about the takeovers. So far the AFR remains silent on this current situation.

Perhaps both sets of lawyers will succeed in white washing this takeover with pages and pages cut and paste designed to mislead both the Court and shareholders?

Howard Patrick

HLP

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