Sydney meeting, page-34

Hi justinmetals, although I’m perhaps not as fortunate as you in having invested late enough to be in the black at 20 cents, I do however respect your view and well done for being in the profitable situation you are in now. That said I think you will find a review of the share registry has ~80% in the red still as many have been believers in the company since before 2014 and have not bought enough to average down to less than 20 cents.

Don’t however think for a minute Macquarie are just trying to cover their prior commitments, as you elude to in your comments. If they were just trying to cover their investment they would not have picked up the 50% of Mereenie from Santos for another $52M. No, they see a prize they want. Just like RC sees a prize he wants, and in his own words from the AFR he has a “missionary zeal about this one”.

From here on we will be preached doom and gloom by the company, especially in the upcoming IER. The SoA almost requires “Central Persons” to do just that. The scare campaign is what they will rely on to get the numbers for the SoA to pass.

Well done to the CPSA for organizing today, and I look forward to hearing the next one. Do not lose faith if you are not hearing bluster from the CPSA, they are acting professionally and keeping their cards close to their chest. The right strategy is gather all the information and then make a determination.

Keep the passion folks, and watch what you write publicly!