Ann: Bekisopa Southern Zone Mineral Resource, page-29

21:15 - Kerry makes a comparison to FMG, Paul tempers her expectations with "It's still very early days, but we believe we will have several billions of tonnes"

I think it could be as high as 8mt of DRI concentrate. I believe RIO's Simandou project in Guinea is about 2.5Bt, but that is of heamatite. And they need to build a 600km rail link.

The upcoming EM survey and drilling work at Satrokala have the potential to be company defining.

Although it is a shallow 800m (or so) program, proving more DSO and being able to prove another 5km - 10km of strike would be an excellent outcome.

Being able to prove an extra 5mt of DSO resource before the DFS is completed in October 2024 (15 months away) would potentially give us 15mt of DSO across 2 projects, with A LOT more drilling to be completed (5mt Southern Zone, 5mt in the Central and Northern Zones, and 5mt at Satrokala).

Good stuff.