Ann: Proposed JV on 4 HRL Projects in Chile and P, page-2

re: Ann: Proposed JV on 4 HRL Projects in Chi... This is a very significant coup for Hot Rock which makes this company stand out from the rest of the geo thermal players in Australia. To have done a deal with such a prestigious multi national player in the industry is tremendous. Hot Rock will now have more than enough cash to significantly progress the remaining projects (which total about 16 after removing the 4 that have been farmed in on). This should re-rate the stock significantly once the SPP overhang is removed on Friday week. I understand Origin had been sniffing about Hot Rock but thankfully we have done a deal with experts in the field and people who want to move fast in developing the projects. As per usual the opportunities are taken up by non-Australian companies who can see the value and potential. very much a turning point for the company.