Ann: Bulk Sample Outperforms Block Model-KNL.AX, page-24

Good announcement out today, which should lead to the final formal off-take announced in the near future.

FYI - from previous discussions with management, I have specifically asked about Sojitz and how our funders are viewing them. The advice I have is that they aren't required for our funding, which is being done purely on the basis of TK & EGT. This makes sense, otherwise the banks would have been going even slower if they were waiting for Sojitz off-take. Internally, the funders will likely be assessing Sojitz for the credit application as "nice to have" but not necessary.

So this announcement, and leading into the 3rd formal Western off-take (it's starting to get ridiculous writing something like 3rd Western off-take for KNL when others are struggling to get anything that is non-Chinese) is all bonus developments that weren't necessary for our finance.

As far as I understand, dd has been completed by the funder, so should hopefully be two great announcements coming up soon enough (off-take finalisation, and debt funding approval) (for the impatient among you, I personally expect my "soon enough" to be a number of weeks, not days, in case anyone interprets my post incorrectly, although I don't really know).