Ann: Quarterly Activities Report, page-2

Re funding I am now very positive. Personally my confidence increases greatly when a finance group/entity engages in extensive due diligence assisted by third parties. This means they are very serious about providing funding as its considerable time, effort, resources and money to complete. No one does this unless at face value and with company provided information demonstrates a viable and attractive investment opportunity. The DD to then validate company supplied information and have any questions answered/confirmed by external bodies is time consuming but imo, some will not agree, implies funding will be provided unless there is a skeleton in the cupboard. Unless you believe the company has provided inaccurate or incorrect information to the ASX we know the numbers and end product is a winner.

Very happy to wait for DD to find nothing to prohibit the signing of a funding deal.