Market Talk, page-57

I agree that the contracts are set to roll over between 2026 and 2028 for our current supply. In the last two quarters, 81% to 91% of gas production was committed to term contracts. What volume of gas can we realistically allocate to Alinta Energy to supply as-available gas to the Bairnsdale Power Station?

The completion of the BMG decommissioning program is indeed a relief. Should we secure a partner for VIC/P80 and VIC/L13, 14 & 15, our existing processing plants will require capital investments to upgrade the infrastructure. This will enable us to capitalize on current, and potentially higher, gas prices in the future.

Given our rising debt over the past three quarters, we must consider the source of funding for this future growth. Unless a takeover occurs before we initiate this next phase of production, will additional debt be necessary to enhance our plants capacity?

There is evident interest in the market for long-term gains. Is this a situation of proving our capabilities before others make a move? We have the gas reserves. What will it cost to distribute it, and will the market respond positively? Although Longford is depleting, who will emerge as the next key player?