General Chat, page-2097

Thanks for your response.

I agree that long term there is uncertainty and hence, it's hard to imagine a large institutional/cornerstone investor taking a substantial position here. We are so early in the journey, but hence there is also so much opportunity to build a position for a longer-term investment. I joined the party late, but have felt gifted to progressively average down over the last 6 months.

I personally see the near-term catalyst (hopefully delivered strongly in the SS) for share price appreciation to be the de-risking of the resource, through M&I status. This alone, in my view will see a significant re-rate (on the assumption a fair proportion is re-categorised).

Until then, I'll be topping up whilst I still can. Cheers.