Ann: Presentation ADU Conference Perth , page-3

I hate to be so negative on a stock but, the quality and context of this presentation in my opinion is very amateurish and really demonstrates why we only have a market cap of circu 11 million thats with 4 million in the bank and a 6 billion tonne recourse!!. When you compare AFR (peer) latest investor presentation to NMR latest presentation, you can really note the difference between these 2 companies and their overall strategies. The biggest highlight in the past 6 months for NMR has been CM getting the boot. Other than that, to me its been one disappointment after another.