BB – before you complain too much could you imagine a society...

BB – before you complain too much could you imagine a society without Tax. Also, the speculation that WPL will push for FLNG over a land based LNG plant is associated with CAPEX not tax.

Now that KZL’s operating assets have been sold, any recapitalisation would require sufficient funds to a) pay existing debt and b) fund the exploration and development costs required to get any new assets into production. I would imagine something in the order of $200-300M would be required to satisfy both a) and b). At the moment they have $30M from selling their operating assets.