Ann: Procurement of Long Lead Items for the Great White Project, page-239

as a long term holder i feel shareholders angst.
We get a little rise after a setback then stupid decisions or lack of put us back there again,

really trying to clarify my thoughts on my position moving forward,

in reality i think most of us realised subconsciously we knew that we may not be in production in the next 18 months.
in the event of not making a FID until the PEPR is approved meant at the earliest we may not order lead items before the end of the year.
So this possibly meant no production until 2024
therefore why did we do the hurtful capital raise at 15c.

now its inked in this announcement it becomes true

any one who sees the manufacturing and shipping issues currently would expect a 6 0r 8 even 12 month delay on equipment.

i am in two mines on how to proceed,
50% of my holdings are in SMSF and 50% in my trust account.

if i dont see a uptick in the next week or see a further decline, as im hoping this has been a bit of a over reaction i will halve each holding and place in a REE that ive held for almost 3 years which has done well and i believe has further upside.

i might be mistaken but ive had enough of the uncertainty.

Do feel its another PLS that i bought at 3.2c and rode the ups and downs for 3 years and sold at 60c+ and now to see is taking its commodity cycle by storm.
that was a mistake and i dont want to make another.
confidence in managent needs to be earnt,

please James bring out a true , concise no bullshit announcement to holders clarifying step by step a methodical road to production as holders are undeniably upset otherwise you will only have a retail base that will not be the foundation for cornerstone to put their faith and money to raise the business from this period of uncertainty.

mick