Ann: Investor Presentation - RIU Explorers Conference, page-4

I find the whole presentation was rather slow… and lack of enthusiasm. Alf is no doubt experienced however it felt like he got dragged back in from his retirement to do this.

With the 10-18 hours, depending on demand statement, I thought that we already have close to 90% off take and LOIs from stage 1 so the demand is there but looks like the offtakes and LOIs are a different grade to what we can produce atm and waiting for the part from US.

one thing that I’m concern of is whether will there be another CR. With the rates that they are producing and with the high quarterly opex, we might run out of $ soon if they don’t speed up production.

looking forward to reading Piou Piou’s thoughts. Always interesting to get his views on it.