trading halt, page-11

When SP was at 50c last year debt was the best option for cash (to do Umiat). With the SP healthier a CR is a better option (to do some new thing).

Some remote possibilities for cash requirement:

a) Gasifier 6 in Wyoming - if approval of R&D trial is imminent they will need cash to construct.

b) Exxaro project - if Linc want to participate in the project they will need funds.

c) Umiat - need to park rig over summer

d) Teresa - want to get it up and running?

e) Chinchilla to commercial operations on basis of QLD UCG announcement?

Lets see what pops out.....