Ann: December 2021 Quarterly Review Investor Webinar Presentation, page-2

I got only the end of the presentation on Q&A. I found management were pretty confident on the project and next steps.

They confidently stated they won't give the project away at current prices. They would only sell at significant higher price. They would rather push forward to a scoping study, de-risk the project and when market would better see the economics.

They want find a partner that would see the value of XAM projects and help to take it to the next level. Because XAM alone cannot bring such a project to production alone.

JV partners must be working on the data room. I would expect an announcement in that regard and after scoping study. JV partners and buyers would not like to see the shareprice rise... so I would expect them keeping a cap around 3c... then share price goes up 50% on announcement soon.

Anyone dare to share they thoughts about the begging of the presentation?