Ann: Investor Webinar, page-33

I think you are referring to him comparing Kanga which is gravity separation with deposits like HAS Yangibana that require floatation for monazite recovery, and thus lots of expensive flocculants.

No surprises in the time frame if you looked at AV's renumeration performance targets as posted the other day. No surprise that Kanga is still a world class deposit with low operating costs, due to it's grade and gravity separation characteristics. I came in a bit late, but what I heard regards capex and funding requirements was lots of waffle that actually meant nothing (except it's exceptionally difficult and potentially very long winded).

Everything keeps pointing towards the problem of funding, how to fund quickly on a PFS, how much CR equity is required to go with available debt funding?

Hopefully insiders and those on the grapevine have sold the rumour into a final bottom before the capex and funding requirements are made public. I can't see any operational flaws with the deposit or permits etc, it's the CR dilution that usually kills developers and that remains my base case for LIN. If LIN do nothing but beg the brokers for a large CR, brokers will oblige by continuing to push the price down to load up with the cheapest possible placement price... transferring ownership from existing holders to new ones at way below value. don't do it Assimwe!

Sell half to the Chinese to completely cover Stage 1 and Stage 2 capex, with LIN and a Chinese partner both responsible for marketing their own half of production. In this world veering into WW3, what's wrong with LIN the peacemaker showing the way to joint development and how east and west can trade with supply security and cooperation...