While progress is expected, it’s time to hold the management...

While progress is expected, it’s time to hold the management accountable for delays. With the necessary pipeline approvals still pending and the construction stage ahead, it's clear that we won't start sales until the third quarter. Santos should have maintained control over this process; it appears AK is at their mercy. Nevertheless, the project is moving forward.

Now, let’s address what is damaging our share price.

Fifteen months ago, we looked forward to the day we would begin filling our large orange tanks with oil and sending it for processing. Instead, on day one, the project collapsed due to a pump failure. We all anticipated a quick resolution and a swift start, but that wasn't the case. This was a standalone issue with ROG, and financing quickly became a concern.

Since then, there has been unacceptable silence while AK reveled in the fact that we finally became an oil processor and rewarded himself with a bonus. We've made little progress. Shareholders have lost patience and faith, as we haven’t seen any dates, timelines, forward contracts, or meaningful communications from AK in the last fifteen months. His mention of needing a partnership to move forward due to costs is troubling; this could significantly impact our share of the oil. If we go alone, funding from Yarrow is still far off.

AK must be transparent about the forward plan for Killa. If we can't regain shareholder support, our credibility in the market will continue to fade. If we cannot extract oil from a well that is supposed to be producing, we are facing serious trouble.

I hope I'm wrong, but we need action now.

AK, what's the plan? What are the timelines and costs?