orion letter to shareholders, page-14

jt

Yes OIP is VERY slow to update its website. Considerable CSG potential it says doesn't it!!

I may have posted at the time, that I spoke to Ashley Edgar and DM at the last AGM about why OIP was spun off then ESG farmed back in to the CSG rights. Ashley explained that (and I can't remember which) either he had not joined ESG when OIP was spun off or that he had not completed a review of the CSG potential. His review (subsequently?) identified significant CSG potential ... so ESG farmed back in. A little hard to believe but possible I guess. And now ESG is undertaking 2 more wells on the Moolaymer coals ....

Looking forward to a feisty EGM!

H