Ann: Quarterly Activities Report & Appendix 5B, page-6

Good summary psi81, and I think you've interpreted the report and read between the lines correctly.

A quick comparison between this report and the plans laid out in investor presentations in Sep last year, suggests two key things haven't gone to plan;

1) GSA's expected to soak up all available gas didn't get signed. This is disappointing and while there may be good reasons for it (especially in the context of current spot pricing), it's frustrating tor those of us cheering on LD.

2) Refinancing was targeted for completion by 01 Jan and we still wait, most likely impacted by the lack of GSA's, and commentary from psi81 above front and centre in minds.

At least LD is maintaining his debt repayments as planned from Sep, however it will be frustrating for long termers if another CR is required. LD needs to hurry up and get the Range 2C converted to 2P quick smart.

We still struggle to get out of our crappy share price, and find a decent Chairman. Fingers crossed both are sorted this year..,