Ann: Quarterly Activities Report and Appendix 4C - June 2018, page-13

I can't believe that SP3O are trading at 13.5c with nearly 2 and half years left on them. T hat's utterly cheap. Have been picking them up quietly but the problem is this. Fu**all volume to buy. I've been dangling carrot with a higher offer to lure any buyers now and then not much luck. I personally believe that up to 20c for these is easy money down the track. This is my best way to hedge all the upside in SP3. Surely in 2 years time this would be a few times the current market cap by any means. Cheers