Ann: Mineral Sands and Rare Earths Conference Presentation, page-15

As far as I'm concerned Nolan's Bore under ARU has come a very long way. It's reaching the main green light in FID. It's a complicated project just read through the recent update. If it takes a few more months to get to FID but get it right e.g say negotiating financial offtakes and the equity component of it. I'm more than happy. I've been in enough projects that were rushed and struggled at commissioning. I'm more than happy to wait and get it as right as possible.

For the longest time, I was one of those people who want a (big) return on my money as quickly as possible. I'm not like that now. In fact, I'm faced with exactly the same in at REX Minerals concurrently. Just do it right. You will not like the alternative. Syrah's path with a fire early is a recent example of the opposite. Check it's SP chart it was brutal (but now back on track after say 2 years of pain).

All IMVHO.