Stk General, page-916

I attended yesterday's presentation, and the last question, which the facilitator butchered, was from me. it was a simple question, if the Yandal project continues to show promise, and should it pass feasibility etc, do you have the intention to develop the asset or sell it to NST? the answer suggested the latter. that surprised me a little bit and suggests they will put more of their eggs in Serbia. don't get me wrong, it looks like a solid asset. I like it. it's just uncomfortable for shareholders familiar with yandal and WA, to now stomach a pivot in company strategy to a project that introduces more risk and variables. the upside is huge - and I think the capital outlay (mainly escrow shares) is low in the scheme of things. risk reward - I'd take the risk too if I was in the position of deploying capital to increase shareholder returns. I'd be keen to see how big a resource they can develop in yandal. maybe it surprises them too and they decide to hold on or enter a JV with NST, similar to what GOR did with Goldfields (50% JV of the defined resource, where goldfields develop the mine and plant and take 50% stake in the Gruyère asset).

for what it is worth, the weekly chart is promising. pay attention to price and what it is doing. see image attached.