Ann: West Erregulla Update, page-42

Hi Hard

The calibre of our Board gives me confidence this will not be sold out from under us. Poynton, Power - heavy hitters.

Gotta keep reminding ourselves we have the lion's share of the (potentially) richest gas fairway in inland Oz. Virtually every drill to date has exceeded expectations and the modelling suggests this will continue along the trough.

I've said it several times - but I will say it again - Strike's credible zero carbon strategy is a huge plus. Huge. Haber is a corker of a project and looks highly likely to be funded in a way that retains significant equity for Strike holders. The geothermal bit? None of us can really evaluate that at present, however I do believe deep heat will be a big part of the world's energy future and someone has to pull it off.

Twenty-seven cents at this stage is ridiculous, but again to repeat myself (I'm good at that), the market-makers still have time on their side until first cashflows ... albeit the clock is ticking down quickly.

Hang on, all. Don't give the bastards your shares.

OOO