Ann: Investor Briefing Day 2020, page-17

Cheers Ozner, I hope that you exited with a profit.

PC was not so fussed about the $65 need for Scarborough. He said something about a slope- a reminder to research that. He also thought that Qatar as a problem was over rated- something to do with- the quantity that they produce should not be a problem to the market- grateful if someone else who understood his answer better would elaborate. My prior reading is that the main gas fields in the middle east are already producing about the rate that would be appropriate according to best field practices- I thought that he may have been alluding to something like that.

I was grateful to hear the presentation his explanation why Scarborough is best to go to Pluto- that dry gas is not suitable for the NWSJV- that makes sense to me.

The world will look different in 2026 when Scarborough is slated to commence.

There are headwinds- especially covid- that could send WPL lower in the short to medium term- but I do not want to sell and risk not getting back on board again.

IMHO DYOR etc etc