Ann: Corporate and Project Update , page-11

Benny

I took the time after yesterdays announcement to review the Quarterly reports over the last year.
I reread in the December 2011 report how we were close to closing a funding deal with Molten and how Management were confident blah blah and how they were talking to others on funding. One year later still the same story.

PPA's were imminent in the March Quarter report again still no PPA's.

At this time last years our shares were worth 1.6c now 0.2c 1/8th of the value a year ago and no progress has been made.

We as owners of the company need to put some pressure on management to achieve something besides ensuring their own incomes.

I am not saying we should vote against the proposal per se, only if we are not given more information like a "Date Certain" something better than "soon".
We as owners need to send a clear message to Management to make something happen or lose our support