Ann: Letter to Creditors of Summit Development Limited, page-4

Well, if it's of any help, Kandahar Holdings was set up days after the first DOCA was submitted by the other mob SFH and the director of Kandahar is one Edwin Pope of Subiaco WA. A search of ASIC will confirm. Our chairman Dermott revealed he was/is a representative of Kandahar according to the meeting minutes, and it is assumed that Kandahar is a company associated with the secured creditor, who was also the strategic funding company that withdrew it's support that led to administration. I don't think Kandahar has done many big mining projects given they are recently formed. I am sure others will have more info than I.