Ann: September 2017 Quarterly Report and Appendix 5B, page-4

Not convinced of a CR At this stage. They’ve been talking to off take partners and investors so it’s possible a finance deal of sorts may occur. Having said this, there will be considerable news before this decision is made and if a decision is made to CR it’ll be made with great clarity on the road ahead. May be a good opportunity to top up before production. If it does happen I’m guessing the trading price and CR price will be notably above the current SP.

I think the quarterly is a cracker and gives me renewed confidence that EMX will deliver.