Ann: Change in substantial holding, page-48

well in the past 2 days trading we have had over 30 million shares traded at an average of slightly under .006

good and even though we closed at .005 it was on silly volume of 200,000 shares or $1200 bucks

So i agree with some of you guys in terms of news coming and sent email off to company last week regarding some of my thoughts - hope to hear something this week as there is a sense of something around the corner - CUL has always been a company that has had strong fundamentals and in the right region with the right partners however things haven't always gone their way - now even with slowdown in resources sector we still need quality resources at a low cost to produce price - i reckon if any one can, these guys can pull a rabbit out of the hat -

im comfortable to be holding now at such a low price as to me, its mostly desired and can really go up from here
Once we know more about their recent activity it should shed some light on shareprice appreciation, I'm not saying we have a leaky boat however historically when I've seen this movement before we have had announcements - not suggesting anything, but confidence

some large holders like Perth Capital PTY (150million shares + +) and Aqila Resources (they hold approx 12 million shares ) and not to mention Baosteel connections with some of their other JV agreements in place - IMO CUL are standing alongside some big players so hopefully we can get dragged along for the ride - and /or on our own merits

PENOIR PTY LTD hold 72 million shares

Im convinced we may see a return back to 1c + with a solid announcement

cheers GLTA

cheers Schu