Ann: Strike HQ Move & EIF Grant, page-12

What SN has achieved in a short amount of time, less than 5 months is very impressive
# Building a quality team that has CREDIBILITY
# Renegotiated the Orica deal that could be worth more than a Billion dollars to us
# Achieved Technical Success with gas content of 6 to 6.1 m3 which is in the higher end of the range
# Shareholders & STX have never been more informed than now in what we have & this would
give STX the confidence in going ahead with a successful JAWS program
# Obviously building a very good relationship with the SA government, which should put us in good
shape for a big chunk of the Pace grant
I hate to think where we would be if the corporate changes were not made in April