Ann: Appendix 4C - quarterly, page-63

Yes Pierre,

LPE is a fantastic LT investment without sleepless nights fearing to lose it all the next day but I can understand those who are frustrated watching crappy stocks valued at gold prices while golden LPE gets treated like crap. The big players are watching and will strike, but when is the big question.

Every months our billing base increases and cash flow positive will happen. I won't predict a date any more as the re-investment of profits continues and with so many new opportunities to grow the business in QLD and maybe soon in other states presenting themselves it may take longer than I expected. But at least the core business is growing well and that is what counts. I expect $ 20 - 25 m getting billed in 2018 based on the last 4Cs.

Will try to go to the AGM to ask a lot of questions and to get answers.

GLTA