Ann: Noosa Conference Presentation, page-111

As much as I would love to see the Ops get into the money even though I do not hold any, as this would result in my own share holdings value growth and an additional $5mil of funds for AW1 at a pretty reasonable SP, I tend to agree with Bunn's analysis of the current situation provided in his last post.

Hence, I will be ready with liquid funds to buy up any off season SP weakness as I expect other serious holders that believe in the projects potential to also be looking at.

That said I would more than welcome any strong announcements that instead move the sp higher and the ops into the money as that is also a win for me.

I hope for the op holders that you get your win, but assuming you also hold actual shares as well as the ops, remember that the real game likely starts in 2025 and I personally feel that 2024 q4 may present the best opportunity to load up before the next re-rating, assuming you believe in the AW1 story.

Good luck to all.