BRK Investor Briefing Invite - Gold Coast 2018, page-24

Hey Chilled, thanking you for the questions put forward please keep them coming

The target acres should be completed by the end of the year and Black Messa have been and remain in the middle of the pack on the 60 day leasing graph by @danpech pretty good for a minor in amongst the companies on the list

I have little doubt this will have the options in the money for conversion prior to then. So yes, conversion of options, completed CR, lease and mineral rights sales, booked reserves and loan facility I would envisage be enough funds to complete the target acquisition in that time

Remember that some acreage will be cheaper and others more expensive than using a weighted average for acreage cost.

Just need to trust the team that they know what the are doing and achieve what they have set, so far the team have performed admirably imo and will make that target.

My question will be for the briefing is where, what, how much will there next target area be.

Keep well cheers Paul