Ann: Operations Progress Update, page-82

Will UNhapily be proved wrong here, but I think people are jumping at shadows here. The extensions have been due to delays that don’t seem all that surprising, yet have been well managed by the company making use of the ability to request extensions. The capital raise timing has been unfortunate in that delays have meant news hasn’t pushed the price above the offer before dates initially set. The company has however raised from all but the main shareholder poll to date. The reporting of commercial rates by different sources seems confusing but in some cases sources make mistakes and in others different targets may be presented for good reason. The recent data looked good, we just need to see another update on that before early next week. Just my thoughts.