Ann: EPCM Contract Update, page-40

Yeah I tend to think the DFC aspect has been milked and has acted as a smokescreen to cover the companies inability to source finance.

Totally get there is strict and stringent rules/processes for government funding. There has to be.

But seriously… 2 years for 50 million and no board approval?

Remember, even still no guarantees of approval either.

The bigger issue to me has always been the chemical plant funding. JW cleverly diverted attention from this in the recent interview and I felt he dodged a few hard issues that shareholders would have liked answered.

That’s all holders ask for.. transparency.

Mid June will give a good idea where this is heading.

Perhaps LPD have a lender in the bag and it is only days/weeks away.

But I have a sick feeling they are struggling…