Ann: PET Management Changes - additional information, page-23

Hi Georgepiero
see this is what i mean with the wording in reports , you have read this wrong like i did the 4/5 projects are
PET Major Projects in China
• Yunnan Lakes – catchment & lake work started July 2019 on first project; expecting over 3,000 tons applied by Dec 2019
- application (1,000 tons) on second large lake commencing Dec 2019/ Q1 2020
• Wuhan – work on a number of lakes underway
• Beijing Canals – initial works completed; on going maintenance work
• Beijing Wetlands – first project completed; on going maintenance work
the two trails are part of this, one being Wuhan and the other the second lake in Yunnan

with regards to the pipeline value "The criteria for inclusion in the pipeline is for projects at an advanced stage, dependent on final customer approval and/or financing." the question would be does Bejiing Canal, Bejing wetlands and Xingyun lake /catchment full into the waiting approval or financing category ? aren't they approved and financed ? under stand the second lake and Wuhan falling into the $200m pipeline but not the others.
i note the pipeline they say greater than $200 which covers them, but if i'm right on my thoughts about this second alpine lake (which gets very little speculation on here) the value of that one could be $300m plus by itself. we should know more on this next quarter but i'm expecting a big re rating when that is named

thanks
Mickem