Ann: Orbost Asset Management Strategy, page-5

Let's hope 2023 retirement brings a change of fortunes for the most underwhelming stock on the ASX.

2023 onwards We need:

1). Management not being paid like they are running BHP.
2). Orbost to run at 60+ free and easy without the cycle cleans.
3). Renegotiate the long term contracts with the foresight to include a premium price point for supply de-risk of our wholesale customers.
4). Spot prices to stay high.
5). Orbost tolls bumped up to account for inflation and payment of strategy team.
6). Cold east coast winter next year.
7). Profits (finally hopefully) to start a share buy back, just too many on issue.
8). Prudent capital management. JV with Emperor or the like to sure up supply. No more crazy CR or dilution.
9). Support from Labor (Federal / State) to assist transition to greener alternatives, but support publicly that we still have decade of the likes of COE being important for industry and business continuity. Green puppet masters to stop fear mongering.
10). Twiggy / Gina to start accumulating for takeover. I bet you they would run the biz 10 times better / more efficient in the first 6 months of taking control.

Oh and yes one thing COE has done right in the last 5+ years has been it's PowerPoint presentations. Flawless smokes n mirrors.