Ann: USD35M Offtake Prepayment Facility for Nifty Restart Project, page-120

Hi BW was that the reply to my question I asked you or a comment to someone else?

If it was a reply to me I was hoping you may have been able to point us in the direction of deals were Transamine had shafted people in the past as that is what it seemed you were insinuating in your first post I replied to.

I think we are all clear on the fact they aren’t a registered charity and they are in this to make money, just like Baz, the board and all us investors.

I would hope we are all clear on the fact we still owe metals x some coin. As others have pointed out the actual capex required to do the restart as per the restart study is not the total $250m AUD.

I also agree there will be more bumps along the way and unforeseen challenges however I’m not too worried about those at the moment as finance is still my biggest concern until it’s not..e.g the total package is signed off and the BOD make a positive FID and “press the go button” as Baz is calling it on his interviews. I think one of the strengths of this team is that once they have the cash and start the build they will be in an area where they have previous experience and strength.

If you’ve got other numbers or analysis that you can share or info on deals were our new offtake partner have shafted people in the past please share. I know you get some stick here but it seems to be water off a ducks back so if you have something I’d love to read it.

Im trying to remain open and balanced but starting to struggle a little understanding your sentiment (I know it’s hold) as in one post you seem bullish and then the next one bearish…I also acknowledge impact and intent of the written word is hard to discern sometimes hence the request for something tangible if you have it.

cheers.