Ann: Anode project development and funding advances, page-30

Another one of your attempted down ramping points comes to an end. Mitsui and dilution? Maybe, but today's announcement shows that Talga has many more options. After the RMSummit, we can also throw in a high possibility of EU funding.

I understand that you are likely straining to find negative points now, but why must permits be approved first before anything else can be done? Do you understand that time is important for first mover advantage? Why shouldn't the company be working in the background with regards to financing the project? You had the same argument when the company increased the resource by 54%. That it was a waste of time and money and that permits were needed first.

Your argument is that everything must be put on hold until permits are approved. That isn't how a company operates.