Ann: Update - ASX Enquiry, page-159

As much as we abhor our dodgy management, I personally think it's probably time that we try and put it behind us and try and focus on the positives. After all, if this company does manage to stay afloat, we need to instil confidence in other investors to park their money here if we want the SP to head north.

It would be inconceivable that Clee and Co would continue to screw it's shareholders with the heavy scrutiny they are under so I suggest we try and move on and adopt a more positive attitude - we have fantastic assets so let's focus on that - We have prime position in the Pilbara with Grace, Nelly could be in production sooner than most other Vanadium plays and we've got some interesting V plays here in Oz as well (if we get to keep them).

I could continue to bag these guys but I don't think it's in our best interests....just saying.