hello is anybody there?, page-43

our intrinsic value increases no doubt.

But with the nsw power privatisation on the back burner til the next election I see few greenfield opportunities in that state relevant to ESG.

Flow rates will come and reserves will go up, all the mean while there is no opportunity arising from our marketing to commercialise.

And then a further capital raising will loom.

I'm glad many of you continue to be enthused by the macro environment (more so Qld supply/Asia demand), because I continue to look at likely opportunities for ESG and they continue to be limited.