Ann: BAM Project Update, page-30

Behaviour by DC and BoD out of character and a change from the past.

An update on progress today which really didn’t tell us anything new. A nothing update that could have sat nicely as part of quarterly. But wasn’t.

Then the investor update on Friday, to update us on nothing material, otherwise it would be merged with some specific transaction announcement.

Question is why? Most logical reason is they’ve realised they need to communicate more effectively with shareholders whether there’s something material to say, or not.

Don’t see value so far….maybe once FID and construction more beneficial assuming these investor webinars not a one off and become quarterly.