finance announced, page-57

I understand that Bitzer but there may not be 40% offtake capacity left as a bargaining tool - The funding announcement said Sino played a role in helping secure the $105m loan so maybe they got the offtake as part of that arrangement ?

On the subject of the AGM who would like to ask these questions from the floor .

1. Does the $105m include the cost of the port and rail which has been estimated to be circa $50m ?

2. What security does Minsheng get - is it a first mortgage over the entire Rocklands assets

3. What are the default clauses attached to the loan.

4. Will Sino be proceeding with the contra deal plant for shares as previously announced and will the price still be $3.45

5. Will NCU and DSO shipments still be happening ? if so when and how much profit do they expect to make for these shipments.


hOOt