Reincarnation, page-47

##""So on one side you want to wait for some imaginary white knight who buys Altona possibly for a better price or merges with the company and develops the mine. On the other side it is to hard to wait for getting dividends paid.""##

You seem to forget that we also had an Offtake Agreement with Glencore if we wanted it. It was announced to the market, but it was then that CMMC and our Management decided to jump into bed together.

Now an offtake agreement which guarantees a market and a price for our copper would, in anyone's language be better and more rewarding for the company's shareholders than plenty of pies in the skies. And what CMMC offered us is in return for our company are just pies in the skies.

You can also have a good look at the following announcements:

Altona Corporate and Project Strategy Update

Cloncurry Copper Project Update

Amendment to Updated DFS ASX Release

Glencore Offtake Agreement