Ann: Response to ASX Price Query-MRD.AX, page-37

The issue here is one of timing. Everyone including the drovers dog knew that the results of the drilling would be price sensitive, good or bad, either way. So is it permitted for an ex-director who would be well aware of the tenor of the drill results before the September 1 dump, be able to trade shares ( sell out) before the results are publicly announced with what I consider to be information that would ultimately be price sensitive. This absolutely beggars belief. I was the first poster after the dump to say the ASX should issue a please explain re the volume ( which they now have belatedly), now I call upon them to issue the follow up ASX Awareness notice. That is, in effect, to formally ask the company would the person selling the shares have foreknowledge of the tenor of the drill results before a public announcement can be made.