Ann: Second Government Grant Payment , page-6

I am not sure that CWE would have been chasing extra sites. I think that with all of the politcal jostling thats going on down in that seat (key seat for labour) in the lead up to the election, they were probably offered it.
I come from that area and know it well. They have been looking for another industry in Eden since the cannery closed some years ago. Also there have been plans approved for a long time regarding BoydTown which is south of Eden. BoydTown is supposed to be a huge development some few thousand lots the last time I heard. Power would be a real issue for that many new homes down there.

I see this as great news. No one said they are going to start spending money on this site. They now have the option. All I see this as doing is increasing the potential sites for JV's. The commercialisation calcs at each site vary so much that all it takes is the right potential numbers on one and we will be able to do some sort of JV. They now have 3 years to research.

Priority 1 get CETO III proven.
Priority 2 get the French co op happening.
Priority 3 start working on Aus sites with JV partners.

Everyone is right they need to prove continued push on the task at hand in the short term. Move on after that.