The kick off planning session was attended by Western executives and staff and more than 30 people from several different key organisations, each with an instrumental role in the project, including Bird Construction and March Consulting. Also participating were representatives of Vantage Chance Limited and Appian Capital Advisory LLP, each of which recently closed a financing deal with Western. Areas of key focus included cavern development, execution of the construction program and operational readiness, including commissioning, start up and permit readiness.

Mr. Bill Xue, the Company’s Chairman and CEO said, “I am pleased to see the Project construction restarted after being suspended for two years. I am very happy that all key project participants attended and actively interacted during the kick off discussion. This session has helped all relevant parties together reach a better and clearer understanding of Project goals and priorities. It also allowed the internal team and key contractors to identify gaps, resulting in the development of an integrated action plan that will significantly mitigate any potential risks potentially affecting Project schedules and cost. I am confident that our team and contractors are capable of making this Project a success.”