Ann: Update on Change of Control Approaches to En, page-16

re: Ann: Update on Change of Control Approach... rockwood seems simply too immature to realise full value now

it seems much more in-filling is definitely required to bring the JORC to a measured & indicated status plus affirming the coal quality specs of the entire deposit

i sense EOC have not yet proven without doubt that rockwood is a Tier 1 asset

never agreed not raising capital with nathan tinkler at 55 cents was the right decision