Ann: Dorado Project & Financing Update, page-106

Yes Gregororius NZ is in a precarious situation with refined product looking into the future, the only answer is ATM is for both Australia and New Zealand at a bare minimum benchmark is to able to refine what we are producing a export of crude oil in Australia and NZ shouldn’t exist at all and there should be atleast Government assistance to that level at a minimum benchmark, if discovery exploration prouduction increases the Government supported bench mark increases it’s a simple workable formula and leaves Oz and NZ to at least value add to there produced crude.
Which is a valuable industry to have in any country especially countries as isolated as Oz And NZ and bordered by potentially very hostile neighbors if the wind blows the wrong way in world politics atm.