Ann: Investor Presentation- Equity Raising May 2023, page-19

This presentation which announced the change in mine plan has been out for a month now. Does anyone know WHY this change was made? Seems like a pretty major shift in plan. Normally I would expect it is either for 1 of 2 reasons. Increased profits or Reducing costs. I think it is safe to assume this was for the later as G6M also announced a reduction in offtake delivery MTUs and wiped $80m off the first 4 years off offtake contract revenue in this same announcement. With the recent statement from the MD saying they will not have any income until most likely the 4th quarter 2023 it does raise the question. Will there need to be another CR? Can anyone shed any light on why the pivot to a 3 phase mine plan? Hopefully in the next quarterly they will update the share holders as to why. The other key information will be how much money have they burnt over this quarter and what's left in the account.