erg acquisition, page-17

G'day all Lincites.

I was at the LNC dinner in Brisbane a week ago and my understanding of what PB said about UCG and GTL was that they are both very important going forward, however, the huge capital cost of setting up GTL means that earning income quickly through oil is more important at this stage.

I may not have been concentrating totally at the time as sweets were being brought out, and I was a little fixated by trying to snatch my wife's dessert, which I preferred, however I think that was the gist of it.

Lockitt