Ann: EGM presentation, page-36

Hopefully it's ok to post the rest of my notes (if not please feel free to report them or let me know and I'll self-report)... my comments in bold

October on track for finance - 2 separate streams: SKI and other financials (for competition) not obliged to take SKI finance - likely in the middle of 4.2-8%
SKI aware of other finance stream negotiations (SK not happy about it *he laughed while saying*)
Apparently SKI borrows at 4.2% hence the rate will likely be more than this
SKI funding might be 0-40% debt to equity, likely 20
SKI will likely have aboard member
Mercedes are pushing SK to do the deal meaning we don't have to negotiate so hard

Aim to pay debt in 5 years

We're going to let COB pioneer their location and see how it goes before we do any serious work Thack
Spin off of non-core assets - "going well"
CEO interviews in progress

Consolidation- BB "hates consolidation of shares" and it's never been discussed by board

BFS on track for before July

Medea still acting as negotiators on our behalf with SKI and other banks etc.

Ni price of $10-12 lb profitable

BB "I'm naturally bullish" always good to know so you can add a grain of salt to future predictions

Loyalty holders to get options? Not discussed but up open to it

State and Fed govt. like the SCONI project

We did DD on SKI - they don't tend to TO partners (never have?) just take a 20% ish stake to keep a finger in the pie

SK can't buy shares on market- would be insider trade
Ditto for board as I stated on here before they know far too much unreleased info.

Mick loves SK deal

BB loves divvies and will push for em early

Flem offtake - SK and others interested

Instos buying last few days

Suspension - linked to all ords "extra scrutiny" BB - "I screwed up" nice to see a CEO take accountability