Ann: Company Update, page-25

There is a detailed metallurgical report in. The feasibility study released in 2022.
the plant has been designed for 92 per cent metal recovery.
Another point the market has not picked up on is that they are looking to increase throughput from 1.6 MTPA to 2.0 MTPA.
What annoys me is that everyone knows additional equity will be require in the funding package and it would be better for all shareholders if this was done at closer to 20 cents or higher rather than 10 cents.
For this to occur they need investor relations emphasising the very steep discount to value that exists.
The board needs to wake up to the fact that brokers are lazy and have little idea of value unless an analyst explains it.
Lets hope they find a CEO who understands this.