Ann: Update on Mining Services Contract at Cockatoo Island, page-2

So, our managing director got 171,354 performance shares on August 26th at no cost to him and then today he announces that he has sold 163,607 shares. Then after his announcement the company comes out with a price sensitive announcement about Pluton Resources, which owes our company quite a lot of money, going into receivership again.

Shareholders have supplied our MD with hundreds of thousands of performance rights in recent years and I think we should be considering the logic of that if he doesn't come out with an explanation for this sale.

GPASAS