Ann: Quarterly Activities Report and Appendix 4C, page-469

The sp rallied hard last year from 3.7c to fill the gap at 9.3c after receiving the SWF investment, but here we are again at 4.5c as we wait for offtake. While I'll be happy to see those gaps get filled, what I want to see even more is an offtake or offtakes or any other sort of sales agreements that satisfy the IDC. That way, any new uptrend can be maintained right through to production. I'd like to think of that 100% rally last year as just a taste of what we might see after getting the full funding locked in - but first we need the IDC offtake precondition satisfied.