alpha jorc figures

I emailed Dr. Shaw last night and he replied this morning.......

Hi Rab,

Thank you for your inquiry. I appreciate your concern as we have also been somewhat frustrated with the delay. Part of the delay has been due to one of the Competent Persons having suffered from a medical problem, which delayed matters for a couple of weeks. In addition, there has been some issues with sampling of the core hole material, a matter which has also caused a similar delay. My understanding from the operator, AMCI, is that the work has been completed and now awaits the Competent Persons sign-off, which we would expect within the next week or so. We have been pushing that this happens as soon as possible, however, we are in the hands of the operator to this extent.

I trust that this enables you to understand the delay, but rest assured that we will strive to have the material released as soon as we receive it.

Regards

Ray Shaw

Managing Director
Bandanna Energy Limited.