Psi81, May I ask you please if what was said by RC at the March...

Psi81,

May I ask you please if what was said by RC at the March 2017 shareholders meeting in Sydney is correct.

This has been transcribed from the audio of that meeting.

This was the first time I had ever heard of CTP requiring "investment grade gas"

"
37:08 RC”Really good question, you need a gas transportation agreement you need to be investment grade, so we can’t enter into ..inaudible .. we are not investment grade.

We can’t underwrite this unless we can get a bank guarantee which needs to be cash backed"

In anticipation

Kind regards

CB