Ann: Board and Governance Update, page-12

i don't see it as a failure on timeline, the entire reason for the delay was connected to strategy of ecopro exit and switching partner to vinfast, move to upsize the concentrator due to aligning upstream to the downstream, to maximising value of the large low grade resource, include chim van and capture value on downstream margins. This did make the business way more complex to sell to the market, way more risky but also more valuable if risks can be removed (appears they slowly are doing that). Add to that a boom in Indonesian nickel and delay for vinfast on financing and what appeared to be active share price suppression from the fumble on samso interview as ecopro roll cheaply off the register. i think this announcement finally starts to take the hand brake off.