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Ann: TVN Online Briefing & Presentation- Speewah Fluorite Project, page-116

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  1. 556 Posts.
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    Hi Hawk70. I can understand the need to focus on a plan and stick to it, however it is equally as important to give yourself the best possible opportunity for success.

    F – potential financiers and government "want" a project like this and Speewah will be viable and be able to be brought online relatively quickly. It will also help fund/underwrite the other projects of our company.

    V – progress is being made and it makes good business sense to pivot and to divert precious capital the company has available right now to projects that will deliver strong short term economic returns while minimising dilution and giving us the best chance to get the V project up and running when the market conditions are right. F will help us deliver V.

    Sandover – this is a blessing for our company and the deal with Earth AI makes infinite sense. Earth AI is funding a lot of this and they stand to share in the upside. What I will also say is that if we do find the motherload, the financial opportunities for this company will be huge. It will also help deliver V when the market conditions for V are right. I do not see this as a diversion, but rather as smart "diversification" of risk and future revenue streams.

    Our company is in great shape.

 
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