Ann: Becoming a substantial holder from Wyloo, page-21

IGO made the right strategic decision to be a ESG specialist or leader company . Not just in the electric space but in all Three aspects. Environmental, Social and Governance. They have been working at it for say the last five years as you will find their initiatives in say female employment balance, Injuries, Employment participation. Board independence and account openness etc. Peter Bradford has spoken openly on these issues as much as Andrew Forrest has but is not as high profile. WSA management and SH who are also a number of quality people are encouraged to join IGO. At the moment some SH may only see dollars but long run strategy will count. I was around as an investor when IGO and WSA were getting started in say 2003 both as a junior nickel players. They have both gone the journey, IGO is moving forward into the new world WSA has stuck largely to it's single commodity although things like bioleach are really good initiatives.

IGO also got the execution with the Tianqui purchase.

ALL IMVHO.