Ann: AGM Presentation, page-128

Hang on a second, it was always 600 million that the strategic partner would need to invest, to be able to get access to our supply,


Now its gone to 1.2 billion? What happened are the banks not stumping up as much as they said they would? The entire project was 1.8 billion? Has that increased due to inflation and rising costs?

Why has the price doubled for the equity partner?

Why would a company like GM pay 70 million to get access to 16 Ktpa of Nickel and then stump up 1.2 billion to get another 20 ktpa??

Hell no a car company won't pay that. This just keeps getting better and better.

So now we are looking at a mining company, ok fair enough but no way will a mining company not come in and not want to own a portion of the project, oh their goes the no dilution promise.

Are you guys seriously not aware what is unraveling before your eyes? Please open them a little bit.