Ann: Coldry trial program and Latrobe Valley project, page-42

"Running parallel to the Company’s continued R&D programs to support its India project, 2017 has seen the re-emergence of project development opportunities in the Latrobe Valley."

"Gateway Fuels Victoria aims to build a plant with a capacity of up to 170,000 tonnes per annum by the end of FY 2019 and will hold the exclusive licence to expand this production footprint to over 10,000,000 tonnes per annum.'

So are we progressing this as we have some interested parties who want to be involved in financing? Why are we going ahead with this when construction won't start for another year and a half? Is this resources well spent at this stage? Why not focus money on HVTF? Is the time frame only a guide and they have interest in building a plant in Latrobe Valley? Are they hoping to gain interest from different groups when feasability is complete? Hopefully some enlightenment at the agm.