boardroom radio

Good quick 3 min discussion regarding the Jorc available.

New website to be up in the next week or two. Additional information about activities will be available here.

Drilling to start again at Kingaroy in the next 2 to 3 weeks. Number of purposes... expand JORC, tun tests for design parameters for test burn.

First 3 production wells later in the year.

JORC took a while due to there being two coal seams available for UCG.

73MT minimum there and they are confident they will expand that in the future.

Brisbane office set up... things going to be flat out from now until pilot burn and into construction of power station.

200MW start up power station, with financing from Direct Invest. Two stage funding package for this. Then expand from there I guess.

Cheers

Pukin