Ann: Corporate Presentation, page-24

Being a glass half empty guy Reckon if we get 2tcf+ and positive commercial flow test we get at least $1b for grandis?

Seems very optimistic the $1b for 1tcf rule, especially considering we don't have as much negotiation power or as good a timing as with the old Queensland deal of the past. Still lots of political risk for this sort of thing and with only a couple companies that would be able to exploit this they could low ball even say a couple $100 m and what choice would we have but to accept?

Just curious what some of the more knowledgeable people think of how this process with grandis will play out. Would be extremely happy if we got close to or even $1b as that is roughly $1 sp they return heaps to shareholders but keep enough to advance Mongolia without capital restrictions and possibly make another billion plus dollars for shareholders.