Half year report.The next planned product delivery was scheduled...

Half year report.

The next planned product delivery was scheduled for mid-2025 under terms of an existing sales contract. Due to the delay in
the CPP construction and commissioning schedule, Lance will not produce sufficient quantities of uranium to satisfy the mid
2025 delivery obligation of this contract. As the quantity of Lance sourced production remains subject to ramp-up, an onerous
contract provision of US$4.6 million has been recognised in the half-year financial statements. Depending on the outcome of
current negotiations with the counterparty regarding schedules and quantities, and finalisation of how the delivery will be met,
all or part of the provision may be reversed in the full year financial statements at 30 June 2025.

Where is rock chip George our CEO,..???