Ann: Quarterly Activities Report, page-9

Thanks Gassed and Towie  -  I agree with everything both of you have said and I do think that what LNY is doing with Maroon

is their best way forward - I go way back as do others posting on this site - bought my first shares in Renison in Dec 2001

and more in the years after - suffered the 300 for 1 consolidation in 2010 I think and left them in the bottom drawer for many

years - I do not expect to recover what I lost in the days of Renison but happy to get anything - small fry now - too old and

suffered too much in the GFC of 07/08 - being so long involved with LNY which has suffered so many and varied set backs

in their quest to become a producer I am sceptical as to what might possibly go wrong from here to delay the process

further and this has led me to look beyond the current arrangement and to try to assess what they might need to do if

the GPT does not meet expectations - I think it is all too hard at this time and I intend to sit back and see what unfolds

with the processing particularly considering the positive tone of the Quarterly Report - will have another red now because

I think better when I relax - Thanks for your comments   tman