Ann: Financing Update, page-4

Cant agree towkay. What Hazelwood have built and own, the plant and the prospect of being able to run it with their own ore, will ensure that they don't disappear.

Sadly though, because of today's financial market with no money for small resources, I think that my share is going to be severely diminished by the time we are through this and profitable.

Its a real pity the management got lost along the way and couldn't manage the downturn, because in July/August last year there were a LOT of people who thought like I did, that there was a big future for HAZ. I still think there will be, but as I said, what share will be mine?