Ann: Research and Development, page-14

Hi Folks

It is disappointing to see this significant sell-off in the face of NO bad news. A simple R&D disclosure request is a yawn. ASIC dole them out like playing cards.

The contrariness of the mob never fails to amaze me. Someone on HC speculates on an issue; it becomes a real fear; and is then an allegedly valid reason to rush the exit gates, killing forward momentum (and confidence) in the progress. Incredible.

I invite the sellers to read the Annual Report - especially Pett's opening brief on KNL's short and long-term prospects this year - before wrecking the chance of a great XMAS share price on the back of the mining licence renewal; EcoGraf developments; Germany's entrance to the KNL party; and the real prospect of a finance package confirmation before Xmas.

But go ahead and sell. My Xmas stocking can always do with some more cheap KNL treats.

GLTAH