Ann: BSX Investor Presentation - RIU Explorers Conference 2022, page-78

My thoughts on the presso at riu. Strategically i think they are hedging chin van by investing into nico and candian nickel plays. If chim van pulls through at 15 times the size of bhan fuc then the sp will take care of itself regardless of the dbu, (a few months for drill results scott mentioned) then we also wont need other 3rd party feed for nickel, straight vietnam nickel into the downstream refinery. if it doesnt pull through then use our aus and candian plays. this is smart so kudos there. In other news the slide that wasnt meant to be thete was and scott pretty much told it how it is. 6 minths onto the timeline and partners arent happy... This is the reality of building a refinery though.

Alot of partners talk which i like but need some solid investmenrts from them which peobably wont come until pilot plant has delivered something.

I have a significant holding and just because of a timeline blow out i couldnt care less. I stil believe this investment is of good substance and NPV from the pfs due in days to weeks will be a cracker. NPV valuations to market cap are also pretty damn high when FID and construction starts which looks to be 12 ish months.

Glta, miljew