September 2018 - State of PSD, page-33

Hey Longreach,

It's an interesting point of view and I'm keen to hear your thoughts on what you think will happen next?

If a large corporate is buying up shares, will the bottom fall out of this and we head back towards 10c, or do you think this will just drive us to our future price targets ahead of schedule?

Certainly this latest rise is has caught me by surprise and I'm wondering whether it is sustainable. No doubt we have had some great developments on PSD, but the company is posting a loss, we still have a long way to go with PSD funding and we are a few years away from any revenue generating activities from the project in an ever changing market.

Either some shareholders know something we all don't know or this is very speculative buying, which is not sustainable.