Ann: North American Gas Forum Presentation, page-21

Thanks Tim, your stuff is always good.

If I may refer to your post

'So stay tuned, as things will work out albeit taking longer than many imagined including the team dedicated to securing offtakers LNG. And if that's 1/2Q19, so be it.'

GV says first quarter next year. Hmmmm. How can he really know? On what basis is he saying these things? How can we trust him given the many statements about timeframe which have not come to pass?

If he is saying not this year - then it might mean that GV probably does not have anybody who has done their due diligence and wants to sign.

First quarter next might mean that he has some potential tollers they are talking with but still need time before saying yay or nay. And it could well be nay.

Just my guesses of course.

It seems to me that its going to happen when it happens and any timeframe by GV is not that reliable. This seems to me to be the hard facts of this situation.

In the mean time I have a lot of capital tied up in the stock that could be earning a return elsewhere. So what to do? I just don't know. I just don't have a feel for whether its going to happen or not.