Ann: Appendix 3B & Cleansing Statement, page-24

Yes , someone will  make at least a 20% gain, hopeing  to  buy at 25 and sell  at 30c or above.

I think this share is  a  long term stock, too low  liquidity to get in and out of  quickly, so definitely not a traders stock. 

So it is worth a long term  hold?

Looking at the low turnover then  maybe.

Average daily volume is 250,000k  about 1million shares or 300,000k per  week traded. 

I would want a  30% return to hold it for a year. 

So is there that much upside in the share price. 

Vs  how much down side in  share  price. 

Too early to say. 

However  I would expect  progress reports, very soon. 

Either they  reaffirm  timelines   and explain delays, and how  long.

As they say, no news opens the way for wide speculation, and generally

means  bad news. 

It would be extremely bad if the  FEED report is not in the next two weeks. 

It is an interesting game of chicken,

you can get in now for 30c

or wait for the share overhang to maybe get in cheaper. 

or  wait for a captial raise to get in cheaper.

or wait for positive news and miss the bus. 

So I am going to wait  2 weeks. 

If the general market recovers, maybe  spur peoples appetite for some risk. 

Remember, as a shareholder, you  are standing  at the end  of a long chain. 

I hope someone gives Geoff another  75M for a second go, and maybe it is profitable this time. 

Quote.

As Chief Executive Officer of an ASX listed clean energy developer I lead the company through a major restructure and delivery of a $75 million capital program that resulted in the first commercial scale geothermal program in Australia. In previous roles I have lead the development of a $1 billion capital project for an Australian oil and gas major, advised on multiple M&A and capital raising projects in the engineering and resources sector and led the corporate strategy and organisational development of a leading high performance ASX Top 20 energy company. I have a proven record in establishing a compelling organisation vision, establishing enduring strategies to deliver value, delivering business objectives, establishing new opportunities and implementing change. Through participation in the esaa and Clean Energy Council I have experience in the development and management of public policy development, including as a member of the advisory panel of the 2012 Commonwealth Energy White Paper.