Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-34

Hi Hank.

Thanks for your reply.

I can’t disagree with a word you you say.

I think there are signs that this could end up playing out. The question is what price should the company be up until all the unknowns and risk is taken out?

At an MC of $50-100m MC, perhaps that would be reasonable?

But this thing is priced for perfection. Many here think it’s a multi billion dollar market opportunity which it could be, but all the risk is still ON and the MC is almost $1b.

Let’s get real, this is much more likely to fall than rise.

Good luck to all holders I hope you make squillians.

10x