Ann: NRW Half Year Results Announcement, page-5

I think panic selling and some misinformation around delayed projects that in effect have little consequence to NRW? On the other hand weather in QLD a significant factor still through Jan and clearly not able to clarify how long it might continue. Full year should still be ok but unlikely to be a blowout. Good prospects ongoing in the Lithium space and Primero primed. I'm happy to get the higher unfranked if it helps the business and it makes business sense. For many though it may be a negative - also only till 2025. Reduced gearing by years end and more cash. Not chasing low margin business and let's face it the competition has dwindled recently. I'm ok at these levels and hope by full year the outlook is better to go higher. Yes it's a rocky sector. GLTA