Ann: 2025 AGM Chair Address and CEO Presentation & Address, page-3

Ok I was of the opinion we had to drill another well and test the original well before FID but all BRU has to do is retest Raffa1 which includes sidetracking the bottom zone. This can all be done using a hydraulic workover rig. I do not know the day rate but will not break the bank. Then the well has to be flow tested for 14 days to certify reserves. So we will have a Final Investment Discission before we need to come up with cash to drill Raffa 2 so any CPR will be done after the FID one would think will be done at a lot more then 3.5c. Went and had a long lunch after the meeting to celebrate the no cpr at 3.5c!!!!!! All good Mr Chair all bloody good!!!!!