Ann: Commencement of Cadlao Site Survey, page-14

Yes indeed. And SGC close the week at the YTD low of 1.3 cents despite the announcement of the SS vessel on site (if all goes well it will take at least the end of Feb 2023 to get that SS report out, leaving only a year left before the SC expires - unless USEC Sales intervenes wink wink). The thing is, doing an SS is now considered window dressing or smoke screen. But hey they have a drill ship at their disposal and all the pipes in the world. The only thing the market cares about is a clear path to the EWT and the POD....both of which were promised to happen by June 2022 when the SGC bosses did a deal with Mr Edouard Etienvre of Manta (by the way....do you know how long Mr Ed has been involved with Cadlao before selling out to SGC/NDO in December last year? Must be at least 8 years if you count all the years with Cadco and Conrad Clauson). He clearly cannot find the money to develop Cadlao hence why he sold out. And now he is with ADX helping them erode their share price there too. I digress...there is only one thing that matters....funding! Where is it? Who is funding it? Clearly USD 100 million will be unavailable publicly so there must be another solution in place.