Ann: Update - Mt Stuart Iron Ore JV, page-4

I'm certain the big boys can explore the full potential of these resources. $4mil for little Cullen to spend just to maintain the "Driveway" was a burden ...
- We are so lucky to have Chris Ringrose as MD.... With him at the helm no one is going to take us for a ride. He knows this business better than anyone around.... with due respect.... He's not a punting Cowboy like most of us would like... but he is your reliable true Technocrat.

- All Cullen needs to do is dress up and be ready for the main event... It seems the market correction is going through the system without catastrophic results...
- I'll be bring out my dry powder slowly in the hope I could get more CUL under 1c..
- Fingers crossed... MAT and CUL could get lucky with few discoveries and attract Chinese attention...

Riijkard, we are just few left standing........ watching over our sweet little Cullen... If 2007 repeats its self we'll have the last laughter old mate.....ZZ