Ann: Investor Presentation International Roadshow, page-17

re: Ann: Investor Presentation International ... chrisso

I don't see any change in MLX's plans

If they need/want to preserve cash, they'd cease the buyback

I believe what really stuffed the grand plan in the short-term was ADN's failure to spin out all their assets except Rover into the new Pensinsula float. If they had've done that successfully, WGR would have then taken out ADN, and gained control of the whole Rover field. Then MLX could swoop on the lot

Until the consolidation at Rover happens, I can't see any real action up there

The CMGP is where the potential lies. We need to see a concrete development plan that will take us into production. Or if they can't come up with that, flog off the project and return some capital to shareholders. Just don't waste it all on Rover

Cheers