Ann: Execution of Groupe Mimran transaction, page-7

I think it's good news too...

With the additional funds, I pose the question:

Since the IHP plant is in need of some funding is it wise to use some of the funds received by Avenira in the last few months and take a bigger stake in JDC?

JDC's success and Avenira's success are intertwined. We would benefit from much better production economics via higher prices and margins for a more concentrated product. In addition it could open up Wonarah into production (which I still think is the jewel in the crown). Possibly a good royalty / dividend stream from IHP licensing globally.

I understand there's risks and that sometimes the last 5% is the 95% of all the effort - but I feel the rewards are great and we are near the finish line.

Hence I feel the question needs to be asked.