Ann: EPCM Contract Update, page-7

Having worked in an NYSE corporation in Finance for over 30 yrs, yes I can attest that US Govt red tape can be daunting. We financed our vessels using TITLE XI financing and Govt Subsidies but, I would have been handed my walking papers long ago if I had handled the Financing like this Project has been handled. I was excited when I first invested here, but that has cooled dramatically. At this point in the US as nil shares trade daily now, have to ride this out. I check Lepedico daily on Youtube for any updates, but this last Release shows incompetence. Glad I held up buying more but this is what you risk with investments in a junior miner or developer. Sayona hit, Atlantic Lithium hit I hope, Jourdan Resources looks good, but this one oh well. Keeping fingers crossed but I believe its a long shot now. glta