Ann: All Environmental Permits issued for Phase 1 Project, page-58

Hey mate, all depends on funding.

Let's be honest, plenty of good ideas have gone by the wayside by not having the funds and/or the know how to bring those ideas to fruition. I'm pretty confident with the "know how" side of the equation, based on in-house experience. But funding has always been by far our biggest risk factor.

Any indicator, even small ones, that suggest our funding package is progressing well. Is a very positive sign, no doubt about it. If/when the team can secure an attractive funding package then we'll all do very well, really that simple.

The language Joe used today, I see as a small indicator that suggests the team are feeling good about where they are at.