Perspective, page-11

We don't now the strategy and nor should we. We don't want our strategy out in the hands of potential partners. We need some leverage at least.

I'm not surprised though at the 100T PA with scope to increase with Mitsu. We are trying to find a partner for stage 3 so if Mitsu even after 12m due diligence still further wants to introduce a small amount into its business as a first test then we still need scope to work with others. That leaves us up to 400T PA to engage other off takers.

I can envisaged a situation where we have 2 or 3 off takers taking a small amount into their business as the next step in the trialling process which then becomes a pressure point to see who decides first. If that was the scenario its a master stroke imho.

In regards to share price movement the volumes traded on those days was 2% of our volume. That means 98% didn't do anything. My thoughts are most are in it for the long term and that 2% is the trader activity.

Obviously I'd like S3 progress but I'm also quite happy if the next announcement is an OT with another customer and maybe a third would be great.

Lastly I'd say to people stop poking the detractors when we get positive news. You aren't going to change them around. Especially that guy and his rat pack of interns.

So going forward I'm look for:
- Fully subscribed notice today
- A good Quarterly report
- One/two more OT partners or S3 talks advancing depending on strategy
- Mining scale approvals
- Maybe some more tenement options taken

IMHO DYOR