Ann: Grant of Further Geothermal Project in Peru , page-4

re: Ann: Grant of Further Geothermal Project ... I am also concerned with our financial position. The risk is high but the rewards could be much higher thus our Director motives. They are in discussion with some tier one players and I think its only a matter of time before we JV with someone else. EDC finalisation should be set in concrete soon and we can get our 400 000.

Peru seems to be the Directors pick so happy to see we are collecting tenements there albeit at a price.