Ann: Capricorn Copper Restart, page-25

Not sure why people worrying about cap raise now. Current 29Metals’ unaudited cash and cash equivalents at 30 June 2023 was $127 million (31 March 2023: $163 million) as per their June quarterly reports. They have burnt $76 million in total and it includes $28m for recovery costs. As, per the plan they will spent additional $8m on recovery costs and after this they will have $119M cash. Cooper prices are now recovering and they will get insurance payments. So, I am not expecting any cap raise requirements till fully recovery. Fully recovery of site will help them raise funds or finance easily. Also remember that their top 10 holders hold nearly 90% of the company.