It's hard to understate the importance of this news. This is a very significant opportunity for AUQ and whoever AUQ partners with. At this stage, the AUQ DFS for Khaniquiyah will likely require only fairly minor updates to make it fully bankable/licenseable. The underlying geology spoken of in that DFS remains unchanged. Meanwhile, market prices for Copper, Zinc, Gold and Silver have pressed higher, the Saudis have dramatically improved ther approach to mining license regulation and the doing business environment in Saudi has improved, where there is now much less corruption, and much more sense. The AUQ advantages in all this are: (1) the pressing demands of the Kingdom's 2030 plan, which call for results at this stage that this project can dramatically help to deliver; and (2) the amount of time it would take for any competitors to catch up with AUQ. AUQ has positive pressure and a headstart on literally everyone in this race. One way or another, AUQ should find its way to somekind of win here. I am very excited for the Company.
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