Ann: Acquisition of the Mulpun ISG Project in Chile, page-5

Great announcement. Read what's already achieved. Been to Valdivia and that whole region. Diversification using existing proven tech owned by LCK, need for cheap power and urea in Chile but also ammonia - they do blow up a lot of ground for mining ! And Chile has the same issue of tyranny of distance as Australia so I will bet hydrogen will be considered - announcement states that local needs will be takennnnnnn into consideration.

CSIRO prior involvement also a huge plus. Early days but lets see how the final DD goes but the SPP was done in full knowledge this was potentially coming so funding will have been considered. They clearly see a potential ability to generate earlier cashflow.

Big tick in my book