Ann: Blackstone to spin out non-core gold assets into new IPO, page-15

A cash injection will firm up our balance sheet and reduce dilution when it comes to raising funds for the nickel project. any company that has multiple prospects needs to have a view on capital prioritisation informed by multiple factors to get the best returns as soon as possible. Nickel is where it's at for now and the effort needs to be focused there rather than chasing aspirational targets with long development timelines. focus on what's in front of us now and make it happen without other distractions and projects competing for the same funds.