any one digested quarterly?, page-5

Excellent Quartely and just shows that management and the team at BRL are going about there professional business and getting things done as planned, regardless of what fabrications are being created.

Here is what I found to be the good points:-

1.Since signing the MOU, the parties have commenced negotiations on the terms of the Heads of Agreement for
detailing further matters relating to the project of refinery.

2.BRL’s Stage 2 Refinery Project gained Department of State Development(DSD) recognition with the allocation of DSD personnel to liaise and facilitate development of the Project Definition Document(PDD).

3. BRL continues to build on its strategic community presence and stakeholder relations. The level of community support for BRL trial operations for Stage 1 (Bindoon) has been extremely strong, with a low level of objection submission to the Shire. BRL continues to enjoy strong relationships and information exchange with key government agencies in WA,integral to regulatory compliance and corporate profile. BRL maintains and updates regularly a Community Stakeholder Register to ensure transparency and real time information availability for response to the community and the public at large. BRL have committed to a number of community support initiatives, including becoming a major sponsor of the Annual Bindoon Show. BRL held its first ‘groundbreaking’ ceremony at the Hare trial excavation site in August which was attended by two Members of Parliament, local councillors, contractors and members of the community.

4.Further spot shipment sales negotiations advanced.