This how I read it and while keeping an open mind as at the...

This how I read it and while keeping an open mind as at the bottom of every ann is a disclosure that states pretty much anything can change due to a number of factors.

Upon finalisation of the MOP the Company intends to commence mining an initial parcel of 50,000 tonnes of ore and waste ahead of the remaining 360,000 tonnes of material. The key benefits of the rescheduled program include the capacity to generate accelerated results for the resource reconciliation (to assess the potential grade upside) and the deferral of the more significant capital costs associated with the construction of the TSF and pilot plant to be better aligned with anticipated cash flow from Granville.

So to quote "the key benefits of the rescheduled program"...rescheduled not possibly rescheduled! They are mining 50kt aiming to reconciliate the resource and prove the grade upside without the capital costs....which is a massive upside to the NPV. This is happening on approval...one question is do they need all the remaining approvals to miner....i.e. relating to the TSF and processing or can they commence mining now with environmental approval and mining lease grant?

As with much of eastern Australia, the project area has experienced drought conditions and the rescheduled program will also reduce the initial water demand to within the Company’s existing water use rights. Whilst the rescheduled program will defer the production of tin concentrate at Taronga, the opportunity to undertake pre‐concentration at Taronga and concentrate dressing at Granville will be investigated.

So the CEO is investigating the opportunity to mine to pre-concentrate (crushing and waste rejection) and then dressing the concnetrate at Granville...pretty clear to me!

I actually think its great...depending on the feasibility....it means LOM at Granville will be extended and T1 will be profitable, even if it costs $5k/t to transport it which I doubt very much it will be that much....more like $1k/t.....meaning you have another two years feed for Granville at $10k/t...now maybe thats a bit wishful....but we have to remember T1 was not going to make any profit after capital and now we could be looking a processing plant with 4 years LOM and with tin prices rising...does really matter which plant it is processed through.

They well consequently get the resource upgrade and then pair that with recoveries from Granville, ore sorting trials and have all the necessary details for a killer DFS.

This leaves resource extension at depth for JORC upgrade on top of current resource upgrade.

Why are we even trying to do T1 processing if granville is an option to get all the necessary/same details for the dfs...i guess that is what they are investigating.

Something tells me from a business sense it was practical to develop the T1 project in its entirety for application and approval purposes to create options...not much cost in doing it, however initially mining for resource upgrade was always on the cards...the approvals will show all is in order for targeting T2...the mining will provide the DFS details needed to boost NPV and target investors, and granville may have been an option for processing the Taronga ore all along.

All imo