Ann: AGM Presentation, page-30

Spoke to company. All going well but the important news is there is significant interest in the data room at Southdown and a bigger interest from majors in the Iao space - If this comes off the SP will go much much higher
Confirmed also the dollar spend on the property piece is minimal with only 4 m GRR shares to be outlaid and its simply an effort to enhance the returns of the balance sheet by making smaller allocations to higher return investments, but they stated this was as high risk as they were prepared to go and only on very small amounts