Ann: SX-EW Scoping study & further Metallurgical testwork Awarded, page-6

I'm not surprised by the sell down this morning. Looks like they are more concerned with stage 2 than stage 1 based on this announcement?! I can't believe that you can put out a project update and not even talk about financing stage 1 and how that's coming along. It sounds like they are going to do the stage 2 PFS in the second half this year before they even think about getting stage 1 finance? It's great for them they've got $10M in the bank so they can take as long as they want but if there's not going to be any action for 6 months then they will drift back to 20c.

pretty dissapointing.