Ann: Opuwo Project Update and Board Changes, page-506

that's the thing with predictions, no one really knows. some say 2020, some say 2022, some say 2025. most predictions end up being wrong. We just don't know what we don't know, too many variables to take into account. but what we do know is that LME cobalt warehouse supplies are increasing. obviously that is only one factor and not enough to predict future supply but it does point to prices staying low in the short term and months to come. take what i say with a grain of salt because this could easily change swiftly and unexpectedly due to a number of factors