Ann: Four Mile Development Schedule Update , page-6

Some people are panicking and for no reason9must be traders...lol)...it clearly states it is a delay in the grant of the lease....its still going ahead but due to the registration not being completed we cannot commence just yet....they will have to progress the registration thats all


The delay is due to Quasar’s inability to begin on-site construction at Four Mile and placing
project development activities on hold due to a delay in the grant of a mining lease. The offer
of a mining lease by PIRSA is pending registration of the Native Title Mining Agreement
(NTMA) covering the Four Mile uranium mine.
Alliance continues to work to progress the registration of the NTMA and subsequent grant of
the mining lease.