Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

Highlighted below, and mentioned in the last project update but I like seeing it again today. "discussions on investment terms expected to conclude on June Qtr" this should give us a reveal I would have thought....I remember a conversation I had a month or so ago where I was told that the most likely outcome will be partners in the project rather than a stake in HIO itself....With the size of the project I can see multiple partners, investors and offtakes that will eventually bring the slurry and Myponie options to life as well, once we have cash flow from rail and Port ADL option. SP doesn't reflect it right now but clearly big things to come through May/June and into the backend of 2024 CY. As BG said on the ABC interview, it's not a matter of these 7 potential partners thinking about investing, that ship has sailed and they "want" to partner us.