Ann: Quarterly Activities Report and Appendix 5B-STX.AX, page-2

"In parallel with these engineering and design activities, the third party gas processing MoU was further developed during the quarter with additional interest from other midstream gas infrastructure groups now being considered by the Company. With current field activities focussed on fully testing the gas production potential of the reservoir and the economics and scale of this significant gas resource, the Company expects to be able to confirm the viability of this ‘capital-lite’ development model as the results of the upgraded production systems now being deployed are obtained."

I am ok with STX taking their time to get the MoU right, its a really important piece of the puzzle. Also doesnt hurt that they now want to prove up commercial flows before finalising the terms! The fact that there are additional interested groups just puts us in a stronger negotiation position!