Ann: Investor Presentation - Jervois Project , page-5

Although the presentation has stated a dramatically reduced capital cost for this project it is very difficult to imagine that we will get that sort of finance. As stated, current management do not have a good track record and may need to be changed if we are to move ahead. If there is no change then perhaps they need to take a severe cut in remuneration until they bring this project to fruition.
One positive is the current NT Government is undoubtedly pro mining development and considering the mining history of the Jervios area I believe that we will get all necessary licenses (pending CLC agreements).