Howdy Ddog, I empathise with the frustration, however I'd like...

Howdy Ddog, I empathise with the frustration, however I'd like to understand:

1. On what basis do you foresee delay to sales of ore stockpiles, given that:

• it was announced a couple of months back;
• planning for which has probably been under development for some months prior; and
• presumably you are not privy to any commercial discussions being had with potential buyers.

I can probably accept that I don't understand how the stockpiles are intended to be moved to Walvis Bay, whether trucks are cost effective etc. Not discounting you may have other reasoning you have not mentioned.

2. On what basis would costs double or triple, given that the IMF currently records UAE inflation rates as 4.3% and about 6.1% in Namibia in 2022. Admittedly these are consumer price indexes, not producer price indexes, however the two tend to be correlated. I also note that the US Fed Reserve is seeing inflation rates tapering - my source is the Fin Review last week. So assuming these inflation rates hold steady, the time to 'doubling' of prices is 10+ years.

I also note that the company reaffirmed their costings in late October and while I understand the case for mistrust given delays, announcing a bogus capital cost estimate to the ASX is in my view, an unlikely move for professional executives who don't want to commit career su*c*de.

Again I don't mean this unkindly, it's a punishing, punishing slog waiting and I've been thinking "this thing is going to be huge" since 2017, but I do prefer to colour any downside assessment with fact (or even logical supposition), as much as I want to colour upside assessments with fact (or logical supposition).