Ann: WMRC Project Update - Extended Shutdown Period, page-15

The JFR McGeough RRF is not the AWT Plant.

If you go back and look at previous announcements you will see that the section you have quoted has been included for well over a year and does not relate to the council 'taking over'.

Also, the running of the plant is not (and has not been) a key element in AnaeCo's business model. AnaeCo's main product is licensing and technology transfer of the DiCOM System. The business model includes main income streams as follows:

• Design & Commissioning Fees;
• Supply of the Process Control System;
• DiCOM Licensing Fees; and
• Royalties & Technology Support Fees

SP can't go to 0.0009. 0.001 is the bottom floor.

Granted it's another frustrating delay, however Monos have supported AnaeCo financially for some time now and given the fact we are closing in on performance trials (albeit in another 8-10 weeks) and Monos still having significant equity in AnaeCo, it is highly unlikely Monos would want AnaeCo to 'self destruct' so close to the finish line.

I've got buy orders in at 0.001 so in a way I hope this does touch bottom first so they get filled.

Instead of PTs in Aug and PC in Oct, we're now looking at PTs in Oct and PC in Jan.

Cheers

Freighter

P.S. Mods, is there any chance of getting two new sentiments: 'Accumulate' and 'Distribute'?