Ann: Mining Study Update - Yukon Base Metal Proje, page-21

re: Ann: Mining Study Update - Yukon Base Met... Yes. I am 95% sure now that this project will not see production under Overland's banner.

But it makes no sense they have suspended permitting after all these years of deliberately delaying, esp as a mine permit would add resale value. So I now suspect there is a hurdle that the project cannot clear at the moment and they are not telling us the full story. What's new.

I think they will likely now sell it to IBG or similar for a knock down price to get cash for salaries and to keep the company ticking over. After all, I am sure they wouldn't want scrutiny from ASIC on how all the numbers and strip ratio have suddenly changed if the company was to fold.

Time for the next $30m boys own adventure now.