Ann: Response to ASX Query Letter, page-174

Andy
Don't think I'm a halfwit or an under achiever. As for being jealous of some poor bugger who thinks having a shack in rain soaked N.Yorkshire is the epitome of success...eh no,not really. Just to be clear I do not think that you are a fool.....far from it. The fools are the folk here who believe your self interested promotion of this stock. You have a fertile market in HC and you are playing it for all its worth. The BBX grades which you go on about ad nauseam are not the issue. There have been heaps of Gold finds with high grams per ton which have never become mines because the metallurgy is such that extraction costs are too high. Punters here are ignoring this inconvenient truth partly because of your continued promotion of BBX and your continuous criticism of the ASX.
Where did these leases now owned by BBX originate? Andy,maybe can let us know.