Ann: LWP Market Update, page-11

"This trend towards early adoption of cost saving technologies places LWP in an extremely advantageous position.

Potential customers and licensees have shown strong interest in LWP’s technology because fly ash proppants can potentially deliver significant value due to their low cost price, high strength and light weight attributes, delivering significantly reduced product and logistics costs whilst maintaining like for like performance compared to traditional bauxite/clay ceramic proppants.

The Company is following up several enquiries in the USA, Saudi Arabia, further states in India, Australia and New Zealand, however, most of these discussions are at an early stage, and at this point none of these discussions are at a point that requires further disclosure to Shareholders."