Ann: Business update , page-2

This is starting to be a tragic story for Oz investors.

Saudi Arabia has recently announced a $100 bill. expenditure
over next 20 yrs in Renewable Energy projects..{80% solar}
to replace fossil fuel drivers for oil production as the
Kingdom faces the prospect of internal demand exceeding
export for oil in light of fact that USA may now need to
start exporting oil..in other words a correction in oil price to say $70-80 may be on the cards..due to excess supply.

The Middle East ..knows something in regards to future escalating fossil fuel production cost inputs we are yet to find out about.and of course it will be the hard way..as usual..If the Saudis are spending to this extent I would
of thought any OZ international renewable Co like AFT would be worth a look at 0.001c..!!!!!!