The important bits.."The Directors have reviewed a management...

The important bits..

"The Directors have reviewed a management prepared cash flow forecast for the next 12 months from the date of signing
the financial report which demonstrates successful fund-raising activities or asset sales are required to be completed during
the quarter ending June 2024.

The Directors consider the going concern basis of preparation to be appropriate based on forecast cash flows for the next
12 months which incorporate an expectation of raising additional funding through equity, asset sales, debt or hybrid
financing, or a combination of these options, to meet forecast minimum expenditure, maintain tenements and meet ongoing
costs.

Whilst the Group has been impacted by the current challenging market conditions for the nickel industry, the
Directors have a reasonable expectation that a suitable funding solution can be secured within the necessary timeframe.
The ability of the Group to achieve its forecast cashflows, being reliant on raising additional funds in the current challenging
market environment for the nickel industry, represents material uncertainty that may cast significant doubt about whether
the Group can continue as a going concern in which case it may not be able to realise its assets and extinguish its liabilities
in the normal course of business and at the amounts stated in the financial report.