Ann: Preliminary Approval for up to US$657m in Funding from EXIM, page-121

I understand that mate. Don't get me wrong I am thrilled to bits. Got some close mates, family on this one and they're all as excited as I am! Please look into my post history. There is no bigger IBG bull out there (aside from Yachty!!)

But I will absolutely ask questions and raise concerns where they're warranted. This is a stock forum discussion board after all! I am staying on topic. I have had many positive things to say about MJ too and am very thankful we have him.

However, a discounted capital raise of a heavily diluted explorer that WILL now become a producer on the back of the biggest de-risking event the company has ever had is worth further examining into managements thought process and logic. I think it's a bad call. I really do.

Again, no one is bigger picture about this stock than myself. I examined this potential outcome on a previous thread about it being the dream scenario. We got that.

But 70m shares is a lot man. Seems like a drop in the ocean when we have 1.2 billion shares on issue but I think of all who held and took the risk have been done a disservice by this discounted raise. MZZ raised at a premium recently. It's really not that uncommon. I think we should have opted for that and if anything could have put a new floor under the share price. Just my opinion.

But it is what it is. We move on and its exciting to be part of an explorers journey to producer.

Well done to mgmt and holders on a great result. Genuinely the stuff you dream of!