short term lomg term, page-4

These costs released today just confirm that LYC has sufficient funding in place. In my view, this is MASSIVELY positive in the current market.

These numbers are NOT a complete set of financial statements, so I wouldn't worry about not showing everything.

Key points:

1) costs have not blown out from the original costing done some considerable time ago. Yes, they are a little higher, but not excessively so.

2) Funding is in place to cover all anticipated costs, plus $20 contingency.

3) Currencies of costs and funding are matched, so no exchange risk.

4) Construction on track.

5) Hence expectation of initial revenue still on track.

All good, in my view. Should be a multi-bagger from here.