thanks to many

On behalf of Melanie Leydin and myself I would like to thank all those who threw themselves into the Jervoisvision09 campaign.

Many people put in considerable time, money and effort to present our case effectively and the results were remarkable. Normally shareholders even in major companies sit on the sidelines believing their views will make no difference. In this case the difference was considerable and may not be wasted. It was a great effort to attract 790m votes approx for 11 motions in a relatively short time and come within about 3% of success. We did this in the face of the creation of some 590m new shares after the calling of the EGM.

Of particular interest to both lay and legal observers may be fact that the Seckold ticket would have been 505m ahead if both Goldpride and New Age had abstained. The gap would have widened a further 100m if the largest shareholder in New Age had not also subscribed for new shares in the short-fall.

An effort was made to convert these holdings, but with no success. New Age directors remained non-committal despite the two defeats by the Board in the Federal Court and the rising annoyance of China Rail Resources at the company's free-wheeling share issues.

The Goldpride directors were difficult to track down and in any event they may not have been persuadable as they were pretty new to the whole business, only assuming control of Goldpride two weeks before they sold the leases to Jervois.

It is only a matter of historic interest now, but they were actually in a good position to get some background from the vendors because the directors of Goldrpide Pty Ltd up to March 4 were both named "Foster".

This is not to suggest that there was necessarily something fishy about this transaction as Mr Foster had not been associated with Goldpride for two years and there was a full TWO WEEK buffer between the first and second sale of Goldpride.

Plenty of mining leases are bought and sold every day and merely because someone was astute enough to buy it from associates of a Jervois director and exchange it for Jervois shares during the voting period for a company meeting may not in itself create grounds for complaint.

It may be just one of those things that Mr Foster's associates were in control of Goldpride when he was appointed a director of Jervois Mining.

So that just about wraps it up.. we did out best.

Time to look at other things...Pssst there are some fascinating opportunities in the re-emerging bond market.