Ann: Board Update, page-28

I suspect that the TMT commercial competitive tendering process may have NDA’s attached meaning to order the long lead items the following would have to be competed: if would be unfair to announce such things trying to run a fair process.

- Award contracts to the successful tenders
- release the updated ore reserve
- release the bankable model with the updated capex and opex numbers
- then once done and out in the market the board can give the go ahead for FID and Order long lead items.

I suspect there is still some time to go so maybe mid Q2 for the above to be released.

Just my thoughts : )

PS let’s hope the enviros get ticked off by June in that time