Ann: New World Metals Investor Presentation, page-65

It is well accepted that timelines/timeframes are forecasts of the future, crystal balls rarely anticipating all the difficulties to befall a project, and thus providing endless defences against accusations of misadventure. Particularly during a once in a lifetime pandemic lockdown. Indeed one would reasonably expect delay vs forecast as a matter of course.

In contrast a referral to an estimated 200 ppm cut-off announced subsequent to current day events and measurements having transpired, is far more likely to cause reputational damage should it prove false without cause.

Lawyers generally appreciate these differences.