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Company Q&A session, page-10

  1. 414 Posts.
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    Hi Marcmarcoz,
    a) The LV feasibility will be subject to performance of the BM upgrades and will likely feed directly into the larger project's techno economic feasibility. It is true, however, that priority for the next 12 months will be in the BM upgrades and that project's ability to produce operational earnings, however in doing so, we will have also established clear commercial demonstration for Coldry which will bode well for the potential LV project.
    b) India was the subject of much discussion at the AGM. To the extent that we are clear that whilst we are not prioritising resources and time towards this project, we are pursuing progress in a more cost effective fashion. More disclosures on the India strategy to be released to the market in early January.
    Regards
    ECT_Rep
 
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