Ann: Investor Webinar - Market Update, page-60

Anything up until a DFS is somewhat speculation based on previous announcements/guidance/numbers/figures etc.

The DFS is the plan, if anything material changes after the DFS then a trading halt would be required. Why would they release a trading half immediately after a DFS!! They delayed the DFS based on material changes happening before it, so they could finalise the DFS.

If something materially changes after the DFS, then it needs to be announced through a trading halt. For those that have said they are hiding info in an announcement, well to me that would be fines and potential prison times. A reduction from 150k to 50k would be a a material change (TH required) if revenue etc etc is reduced from the DFS, which leads me to believe the 50k will be changed as BoAs are signed and the starter plant (machinery etc) added to and increased to the pilot plant / full production levels as detailed in the DFS.

The announcement was clearly called Andromeda Commencing Procurement of Long Lead Time Items for Great White Kaolin Project, anything read into beyond that is misunderstanding/speculation at this stage in my opinion. But I guess we will find out tomorrow.