Ann: Enterprise and Apollo Enter into Sale and JV on Fraser Range, page-86

60 million shares +, have just been printed at 0.8 cents. Knowing Patersons at least half of that will be in loose hands. So want to see 30 million trade before buying it, but I do feel you can buy it at 0.8 cents..

I still have a problem with the paltry amount of cash they have in hand, yes they are buying assets cheapily with the sector in the hole, but most are in JV's so they can't be flicked at a profit. Why are they spreading themselves so thin with so little cash?.

Then is HPX going to suddenly earn in another $1.5 million of AON shares, and dump that on us?.

There are so many questions that I have. I just feel there is a basic lack of integrity in what they say and do. They don't play a straight bat, and are in many cases seem to intentionally leave out information from their releases which should obviously be there..

GL