Ann: Investor Presentation - E&P Success in the Perth Basin, page-29

I am a little disappointed by management communication to shareholders.

Even the latest investor presentation is mostly repetition of what we already know.

I have emailed the team, as I would like to know more about how we are going to pivot back to WE3 when strike has most of the power being the operator.

I do feel though that the weaker communication with shareholders is partly a cause of the massive premium given to our JV partner strike.

I think this will sort it self out when the assets start to tell their own story by themselves and we won’t need management to do their jobs. Don’t get me wrong, they will be working hard, and looking forward to seeing what their exorbitant salaries have delivered. Just think there could be a more exciting marketing to help expand business.

I am still very bullish wgo, but think we need to keep existing investors happy and get larger players involved in our investor base.