Ann: Tanzania Special Supplement Bills, page-101

Interesting to see GPX updated research report. Very honest outlining worst - best case scenarios once full clarity of the new bills are understood. In particular the right for the government to take a 16 - 50% free carried interest in the project, and how this will affect current funding deals. I would imagine, our updated DFS and report (as outlined in recent announcement) will take a similar format. With that said, our robust project economics should still remain very attractive and hopefully will not have a significant adverse affect. Definitely an interesting couple of months a head.