Ann: Trading Halt , page-23

Hey Jazza - good to hear from you again, you used to be very active with PEP 11. That word 'imminent' has certainly caused some grief!

Believe we should give Breeze some slack for that one use of the word, given what we now know:

o finance for drill rig in place after satisfying Talbot's conditions - would love to know what they were and can only guess

o site survey commences today from Newcastle

o looks like rig details will be announced next week which is as imminent as you can get

o this probably triggers the last step for environment approval

o initial drill will happen - likely find out next week when and where

Sorry to sound like like an apologist and hope you appreciate ramping is of little consequence now that the train has left the station. Whether Advent can commercialise PEP 11 or not remains to be seen but the project is underway. HCites are left to decide when and to what extent they wish to hop on board.

I just love the whole scenerio and aim to profit along the way while retaining enough stake to see it through to production.