Ann: EKF Issues Financing Letter of Interest, page-50

This whole SP nonsense is really ping me off also I think Troydt is right on the Enviro and native title aspect. I keep buying and way out in a very fragile place as a % of my investment. Fortunately not in the land of margin loans and house mortgage yet. My OZL holding has taken a hit to buy TMT and there is a bit more to go.
We can not place order for kiln, get $150 m loan pass go until Environ and Native title locked in and signed off.
All at a time when vanadium prices looking as good as they get and the future of vanadium getting stronger.
We have discussed here the merits of buying now rather than waiting for the CR. The best option and what I would like to see is a CR that includes renounceable rights. Life will then be very interesting for me.