Ann: Quarterly Activities and Cashflow Report March 2018, page-6

I agree Charlie, it would be another kick in the teeth, although not actually surprising given our (Lakes) treatment in the past, if we got almost nothing and it is much safer to expect nothing or very little being a long term shareholder (20+ years) and consider whatever little we may get to be a bonus. People should not get their hopes up and we may even have to wait for a change of State government later in the year. Even that may not be enough given the strength of the underlying intervening Green movement especially in Victoria. It may even actually take eventual Federal Government intervention through difficult legislation (and only if they deem it vote grabbing) for us to be able to proceed in these tenements and we all know how slow, long and drawn out that can be.