Ann: Helikon 4 shaping up to materially extend Phase 1 life, page-26

Yes mate that was abundantly clear. For the record my last post addressed an expected delay despite pretty strong faith in the macro environment for the commodities and an acknowledgement that most aspects of project development are subject to forces outside the LPD's control. I was hoping for more explanation as to a 2 month, not one month delay to FEED and i'd also like to understand if that pushed DFC to next quarter's credit agency board meeting (or whether they can allocate funding in an extraordinary meeting and so avoid a total 3 month delay) and whether LPD may, as a result need to raise a small amount of cash to get us to DFC. I'm also conscious the holiday period may affect FID timing.

All of this against the backdrop of May expiry of options. In my view this makes things tighter than I had hoped but not fatally so. Im very confident we will be ok in the long term, having followed this company since 2017 but I do thankyou for stopping by with your sage advice.

Good luck to us all, we'll get there... eventually.