Ann: Mt Thirsty Cobalt Nickel Pre Feasibility Study, page-10

Thanks DavidW. I am reconsidering now. Do you have any insight into the Mt Thirsty laterite ore? Should we expect complications similar to other laterite projects (i.e. Murrin Murrin). Has GSR or Conico provided any timeline for their review of the Mt Thirsty project?

It seems COB is already lined up for off takes pending BFS and FID. They have a sulphide ore and a processing IP that somehow makes their project magic even without release of feasibility Economics (IRR and NPV).

In reference to your comment to divergence in supply and demand, i think the below forecasts somewhat illustrate that. Although i think we have already reached 2018 price levels and the divergence appears to continue indefinitely beginning in 2023.