Ann: Trading Halt, page-18

I don’t see how they can announce to market on 16 March all is well and 24 days later costs have suddenly increased and schedule has significantly slipped. If that’s the case, the 16 March announcement will have been misleading. Read it again. Further, they budgeted $5m in contingency for the build. I think it was 18%. If cost blowout of 20%, I could see no reason, at this stage, to report that given the contingency. Regarding schedule, they have been reporting either on schedule or ahead. I still think it’s good news, which will be followed by drilling results good news and a good news quarterly.