Ann: Detailed Assessment of Alternative Sites Completed, page-54

The brief re alternative sites released through the ASX is totally inadequate as a submission to Government and ditto as the basis for a decision within the company, so its purpose must be to inform the market that some thought is being given to the issue. Government will require lots of numbers round all sides of the issues, as will the new finance guy. Anything to be located close to the harbour potentially impacting future land values, migrating birds, mangroves, runoff onto mudflats, dust etc is trying to push up a monstrous green hill; and perhaps that is the way it should be. Inadequacy all round to get to here.