Ann: Update on Mildura 100MW Solar Power Station Funding, page-37

Fozz - I appreciate that it all depends what price you bought in as to your feelings however as a suggestion maybe you should take some of your own advice. First step cash minus liabilities about $65M (36c per share). So with a base of 36c per share if they were going to completely walk away, what value would parties be willing to pay for the secondary technologies? What would they be able to sell the Laser Enrichment technology (which includes the royalty program and current target for commercialisation in 2019 / 2020)? What would it be if Paducah is delayed and the timeline for 2019/2020 becomes unachievable? Finally what would be the value if GLE walked away from it completely? For me ALL the scenarios have a value more than the current market capitalization. If the Paducah deal is successful (which it may not but I believe it will) then IMO we have almost certainty of commercialisation in 2019/2020 (due to obligations owed to DOE). I find it difficult to believe any number of companies including GE, Cameco or an Australian or USA government entity would not be willing to buy the rights to laser enrichment technology . Make your own decisions but whilst I am disappointed with the latest two announcements the reality is they were brought on by macro factors which were unfortunately unavoidable. Read the ABC Word today interview. In any case you are making good cash in your new stocks anyway right. No need to concern yourself with SLX anymore. I am the Iceman!