SENGKANG PSC, page-3

This is a highly material event for the company. Without this extension the level of uncertainty around the timing of the LNG project was too low to include Indonesia in the EWC valuation.

Now PSC is in the bag next step is to get a deal finaslisednon the power station and an off take for LNG. Then the finance will come to finish the job and $1 + per share will be unlocked in Indonesia alone.

If this is done in the next few months and Philippines bank loan is also around the same time it unlocks a pathway from 15c per share to $2.50.