Referring to the ZIP announcement dated 8 June 23 Page 7.“c.$5.2...

Referring to the ZIP announcement dated 8 June 23 Page 7.

“c.$5.2 million for transaction costs associated with the equity raising and broader liability management exercise” “fully underwritten by Goldman Sachs Australia Pty Ltd”

Extract from Goldman Sachs Aust Wedbsite.

“We help clients assess strategic options for mergers, acquisitions, divestitures, takeover defence and spin-offs and can assist clients with access to equity and debt capital markets, restructuring balance sheets and managing assets and liabilities. Goldman Sachs is able to deliver a complete financing package to clients by offering capital management, product structuring, acquisition finance and capital raising advice.”

Can one assume from the above: -

· ZIP has had an independent review of the company.

·
In stead of using Shaw & Partners it is now using Goldman Sachs a worldwide company.

· One could assume the review has trigged the capital raising. “Strengthen Balance Sheet”

· Will the Credibility of Goldman Sachs and the independent report be the platform to list in the USA, Confirm/fine tune Strategic direction?

· Satisfy the ZIP’s lenders.

· Confirm the path to Profitability.

Larry Dimond has relocated to the US.

Please do your own research.