Ann: Stage 2 Hydro Commencement of Early Works Programme, page-9

Still bullish. We have to remind ourselves that Genex is a small company undertaking a huge project. One that requires all sorts of dominoes to fall into the right places. It's never good if a government is involved but if the end result is a low interest loan then so be it if it takes a bit longer.

The market is currently expecting several options until financial close can be announced. Some may sell in the anticipation of a capital raise. Some may buy thinking that any capital raise may be small and perhaps even at a premium. Who really knows right now except the insiders.

All I know is that Genex won't make me rich in the short term but I'm looking at 15-20 years into the future when Genex will generate an awful lot of cash and will give me the returns so that I have a comfortable retirement.