Clarification of our Sale Terms 'Ex Gate', page-29

Trav, I can see what you mean by the fact that whatever NSL announces has no relevance on the day to day working of our plant but it might also be worth taking into consideration how we get to 8.5mT that helps value the company.

If NSL continues to fluff around taking years longer than anticipated and providing nonsense announcements going to be priced the same as a NSL that expands competently while regaining credibility in the market. This scenario is certainly hard to quantify but I know which one I want my money on.

If people are happy with NSL plodding along making a bit of progress with not a lot of transparency in the process thats fair enough and good luck but if people expect a bit more than what we are currently thats also fair enough and its ok to have different expectations.

Halfull