Ann: Investor Presentation, page-5

Previous management did us no favours - I had high hopes when new blood came in such as Ted Pretty and on the board but so far not much progress - at least there is a small glimmer of a strategy in the presentation that next year things might start to turn around but I will not be holding my breath - I'm holding on like you at the moment - I only need to get closer to 8c having taken a punt to average down but I'm still a long way from breakeven.