Ann: Quarterly Activities Report and Appendix 5B, page-4

Well, it seems that idle wanderer was on to it from the start. Kudos for seeing what I was too blind to see. I think grim is probably an understatement for this QAR. I’ll be surprised if SP doesn’t drop below 1c today.

I’m now curious to know exactly when negotiations with the strategic partner ceased and when they became aware of issues with stage 1 environmental approval, as that is absolutely market sensitive.

hindsight is 20/20, so well done to the reasoned voices who saw this objectively. Even if NRZ can pull the rabbit out of the hat, it’s I doubt that is occurring without so much dilution the LTHs will likely never make a profit. I think the company needs to provide a pretty clear update on how exactly they plan to try commercialising and securing future funding after these setbacks.. the Hail Mary might come in the form of receiving licensing fees from the China site assessments, otherwise I don’t see how else they secure further investment beyond their 5m.