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Re: None

Friday, 11/24/2017 12:23:08 PM

Friday, November 24, 2017 12:23:08 PM

Post# of 64361
You are correct. My bad... WNP did not pull out they temporarily withdrew their application. I did not delve into all the transcripts as you have so I appreciate your update. I do know that there is a large cost upfront required by the bond purchaser and I do know that with the changes occurring in the tax regime there was a concern. Either way it appears they came across the bond and tried to rush it through before due process was completed. Either way the deposit was paid before they were aware of the bonds so I do not think it should have an impact but I may be wrong...

Re the earlier mail re universities funding. Again, I do not know in detail how funding works here in the US but I do know that in Australia energy divisions of universities are primarily funded by industry. Dow Chemical, Adani, BHP etc fund most of the energy divisions of universities in Australia. If management were able to partner with Australian universities then it is a direct in with industry.

Again, above are just my thoughts. Impossible to know what is around the corner. I can just believe that management are as incentivized as anyone to make this work. Skin in the game.