Ann: Hillgrove Operations Update, page-125

Difficult situation, remembering though,
- Far West had one year life left
- Liontown still there and in process of being approved
- Hillgrove ready to go

there will be some tough decisions to maximize the remaining value for shareholders - but there will be options.

Trafigura will still want offtake from Liontown once approved - and would likely try to take advantage of the situation to their advantage. Pybar have a lot to lose and may become more negotiable on rates.

I am happy we have Patrick O’Conner on board who has wealth of experience in turn around situations.
All is not lost. Stick them in a drawer.