Ann: Appointment of Non-Executive Director, page-5

When you start to see directors resign, that is the major red flag, EGS have recently appointed 2 high quality directors.

I think they will survive.

The new CR over at EGS, will probably involve a buyout of Investmets debt and a significant dilution of MF's holding.

The market will see this as very positive.

This will free up more Investmet capital for AUR and HOR.

Craig Hall has worked with MF for over 10 years and no doubt will be looking after Investmets interest in AUR.

A bit of shareholder activision is not necessarily a bad thing over at HOR, I hope it can produce results.

BB is strong operationally, but I don't think she would get involved if it was going to just sit there like it has been. WE is the other possibility.

Cheers