The BOD wants to start production in the sweet spot 2025. TG now realised that the EV world is moving faster with his comment that the UK brings the ban on ICE's forward by 5 years. (2030) I think we will get an announcement in the coming months that the mine will be producing a lot earlier, if they keep it. However,I still am of the opinion that KV will be sold next year and the buyer will go as fast as possible to building a mine and produce, they wont wait for the DFS. This outcome will be more likely if Moora delivers. They get $1B plus for KV, use the funds to build mine at Moora and explore Buldania.....Just my opinion. At the end of the day, what ever happens the SP will be many multiples of today, IMO.
Ann: 2020 AGM Presentation, page-3
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