Ann: Change in substantial holding from MIN, page-199

Just watched the video by STX and he mentions the look thru value of approx now $2/GJ

Please correct me if I'm doing this wrong and this is for LD only - if there is an approx 3 tcf - 20% of that is 600BCF or equilvalent of 633 GJ.

Conservatively take 75% of that as recoverable and that is 475 GJ @ $2/GJ and that to me is double the current market cap.

So if MIN although they said prices were overinflated, but still paid approximately that much for WGO shares, then current offer needs to be circa 12 cents and above at a minimum

We need the next 2 drills and tests to be complete, get a 2C number out there to give NWE a number for value.

My sentiment is still HOLD