Ann: 5EA to Host Special Call for Investors, page-16

Just listened to the 5EA webinar this morning key points -the resource is based on historical information only atm hence the reclassification of the JoRc resource size “no new resource validation” how the f* they got this far is anyone’s guess??-they are committed to converting the inferred resources to indicated and expanding the resource footprint but no explanation on how they are going to fund this ?-they now have 32 million in cash and must maintain 10million or risk going into default -they say they have curbed there cash spend although they don’t stipulate how and concede that the capex is “mostly” completed , and obviously they need to spend to resolve the resource ??-they list a whole bunch of avenues to further funding but conceded in Q&A that DOE-LPO is their primary focus for the foreseeable future this explains the time line . -the EPA certification is an ongoing process and basically centres around whether they have ticked all the ESG boxes and whether their previous statements are true and correct I believe this is why the resource was recalculated.-She didn’t speak openly well or confidently and virtually was reduced to begging existing shareholders for more faith , IMHO the optics on this alone aren’t good .All in All very few real answers and the ones that were only reaffirm the companies poor position , so if this doesn’t tank I’d be happy to concede I got it wrong , but atm watch the fireworks IMHO ! GLTAH TT