Ann: Sugarloaf Operations Update , page-43

I have recieved a response from Jon stewart, obviously referring me to his announcment this morning.

Very nice guy, who always respons promptly and with appropriate detail, but never breaching disclosure rules.

Im now supurbly confident we should see a strong upward trend for AUT over coming months. The discounted price of AUT per boe reserve should evaporate, and as the Longhorn and Ipenema free carried wells progress we should now see AUT take a very sizable growth spurt in comparrison to the other two JVP's.

Happy to have an AUT holding and even happier to see things progressing so quickly.