cxy trading halt, page-13

To be fair I never said QLD UCG/GTL was PB current focus. I would not expect PB to make UCG project a priority in QLD while the govt has asserted that it will not proceed with any project approvals. Seems pretty logical to proritize focus elsewhere until that situation changes. If QLD policy changes and if it becomes supportive of UCG then that would change the equation of the parked Chinchilla UCG/GTL project.

Wyoming at this stage has not even had R&D approval.

The ball is in the court of the respective governments at present and until they kick the ball back to Linc and tell them that the game can proceed I dont expect any action on either QLD or Wyoming projects. If/when we cross this bridge I think Linc have a project plan they can blow the dust off. They will still need a lot of money at that point to make anything happen. The current roadblock is Government - not GTL technology.