Ann: Lake Maitland Uranium Project Extension Study Update, page-10

The way I see it, is that if the LNP wins next WA election (to be held before March 2025) Uranium Mining will be approved. Therefore, there will not be the restrictions at play that we have to deal with in relation to substantial commencement etc. It will be a direct path to finance and construction. So, if we are going to go down the substantial commencement path and application under the EPA route, then it might as well be done in the next 6 months. I agree with you that there is no huge rush, and that its best to finalise these studies, which look like they will be completed in the coming months after reading todays announcement. This will give us the best chance of success via the EPA. We might as well apply through the EPA as soon as the studies are done IMO! By the time they spend 1-3 months making their decision then it will be the later stages of 2024. If it fails, then there's only 3-6 months to wait until a change of government and we won't have the current hurdles at that stage because the entire policy of WA has reversed.