Ann: Quarterly Cashflow Report, page-2

Looks like a deal done for gas pre-sale or else there would have had to do a CR to fund next round of works. Maybe subject to confidentiality agreement or its in principle at the moment, hopefully Qld Government for natural gas(sandstone).

"Comet Ridge continues to work with a number of gas customers, and with the Queensland Government,
in relation to supply of gas from the Galilee Basin (both sandstone gas and CSG) and the associated
infrastructure. There are several connection points and supply options available and the Company
continues to evaluate the various options. LNG supply, industrial and domestic demand, and power
generation sectors each have requirements for gas and may not be mutually exclusive – the volume of
gas resources in the Galilee Basin is such that multiple requirements may be able to be met
concurrently."