Ann: June 2023 Quarterly Activities and Cash Flow, page-31

Put yourself in the shoes of bankers (looking to lend $400M USD plus) or car manufacturers (investing the equivalent to access raw materials).

Wouldn't you want to work with someone who has bought a project to completion, at one of the worlds largest mines (Oyu tolgoi)? The best indicator of future performance is past performance.

RF still has confidence in SR, and he is the Don Bradman of minerals investing. That's good enough for me.

It is a commercial negotiation that cannot be disclosed until complete. If you trust this team can execute in a timeframe that meets your investing criteria, stay in. If not, sell out.

DYOR, form your own opinion and then back it.