If you are not on Brian's mailing list, the below was sent out a...

If you are not on Brian's mailing list, the below was sent out a short time ago... looks like it will add at least a few hundred million to the NPV we last saw in 2023. It has become a very tidy project.

Dear Shareholder/ Investor

You may findtoday's ASX announcement to be of interest.

The potentialfor the 50% owned mining joint venture in Cuba to sell 4,500tpa of antimonyfrom the proposed La Demajagua gold-silver-antimony mine at 57% payable of its current price of~US$40,000/t for 9 years (~US$920M) would represent a significant increase onthe ~US$184M of antimony sales included in the Scoping Study for the projectwhich was reported on 30 March 2023.

The capex andopex that must be added to achieve the increased antimony production have beenadvised by a specialist Chinese engineering group and are both relativelysmall, which will be reflected in the PFS for the project that is now underway,along with any escalation in equipment pricing and operating costs, andincreased metal prices over the past two years.

It isanticipated that the results of the PFS will significantly exceed those of theScoping Study.