Ann: FNN Investor Presentation Sydney 20th February, page-18

@Yak52. Pretty well matches up with the numbers given in presentation. I don;t recall mention of crushing costings. The sulfur extracted from the oil being a by-product to make the oil more user friendly and meet regulations is the bonus. From memory I think the plan in Aus was to either extract from sulfides or import. Our oil reserves in Aus are pretty much exhausted without new discoveries although some being found on NW shelf (not checked). Its pretty much a no brainer to go OS and reduce the Opex significantly which undoubtedly we'll hopefully see in the PFS. Good to see more movement in the SP today, further proof that the presso was well received and opened up more interest. As usual anyone reading should DYOR. Cralo