Ann: Annual Report to shareholders, page-57

look at it this way.

The signature, is the chocks under the wheel.

This can not take off until that chock is removed.

This was 12c 15 months past, based on projects potential DFS, pre finance, pre signature. pre WGX fiasco, pre everything.

Now it has had CRs like a sledge hammer, stops momentum, and it just waits.

So what valuation will occur, when the chocks are removed? when it can for once get some tail wind and start to move ahead, with price catalysts hatching. - Ancuabe construction / Nicanda hill

Q. When will larger sophs and institutions say, OK, this one is going to development, and that one is still in the dreamer pile ?

A. When signature and finance in place, and Nicanda Hill JV/ Sale.

The price has been slashed more than half since the DFS result, showed great fundamentals.

When de-risk is in place, those participating in any finance, will want to see the sp rise, and no more reasons to manipulate to their accumulation. It becomes a pay day in waiting.

Chart clearly showing a 4-5c accumulation trough.