Ann: LCK Launches Share Purchase Plan, page-54

A nice little interview.

Giving shareholders an opportunity, as intimated earlier, to participate, and partake in the benefits of a discounted share price movement Very commendable.

Some of the money will be used in further business developments. They are looking at other projects. No, no, please no more at this stage.

Further, the PFS at $2.6 million, was + or - 20%. The BFS will be + or - 10%. He now quotes a capex of $2.3 billion for 1,000,000 tonnes PA, and $3-3.2 billions for 2,000,000 tonnes PA.

Owing to the imminent disclosure of the BFS, and given his inside knowledge, one would expect the $2.3 billion + or - 10% to be right on the mark. I hope.

I eagerly await a details of the scope of this project. It appears, now, to be greater than that covered by the PFS. J L.