Ann: Revised Terms on Corporate Transaction with ERM Power, page-79

I'm confident we will see the SP at 2c+ in the next 18 Months. That will give the investors who have had a gut full a chance to bail out and get most of their money back. There is always a new bunch of punters who will invest. I will hang in there for the longer term as I can see 3-5 cents+ within a 2 to 3 year period.
We need to secure the Perth Basin permits and the gas plant to attract a quality JV partener.