Ann: Half Yearly Report and Accounts, page-16

Apologies for the curt reply

Back in 2007 I would attend uranium conferences, it was either the one at the Hilton Adelaide or the other one at the Esplande Hotel at Freo where I spoke to people that seemed more informed than myself that speculated that this project was unlikely to get the required approvals.

More than 12 years later it turned out that they were right.

Jurisdiction is incredibly important when talking anything uranium

Personally I believe uranium is risky enough without punting on environmental approvals which was the concern at the time.

My investment thesis is fluid and if things change I would allocate funds to a project of this magnitude.