Ann: Japanese Consortium Update on Progress on KNP Goongarrie Hub, page-17

Great news, it looks likely we’ll all be having a happy Easter.
It’s a tough market for nickel so SP may not move to much, it’s bitter sweet and has been the catalyst for some key fundamental changes for Ardea.

Finally nickel on the critical minerals list opening up access to grants and finance.

Just yesterday Andrew in Canberra with a group of large players in discussions for production tax credits for onshore processing. Expect something significant in the May budget.

The heat has come off the labour and support sectors market keeping a lid on costs for DFS and work requirements.

WA government acutely aware of massive losses of revenue are keen to help, perhaps not cash but fast tracking approvals etc.

We are seeing a big focus on dirty Chindo nickel in the media it’s becoming increasingly apparent that industry and governments cannot ignore it without losing credibility in regards to ESG.

None of this would be happening if Nickel was 20k, the smart money is using this retreat to the advance to take their positions. (That’s us) haha

Ardea is somewhat unique we have low numbers of shares on issue and a high percentage tightly held.

It’s very hard to accumulate serious volume without shifting the SP significantly those trying to time the market may get lucky but most likely SP will hit $1.50 in a heartbeat.

Good health and good fortunes to all.