Ann: Positive Scoping Study Completed on Opuwo Cobalt Project, page-409

1. Let’s get rid of the idea that we wasted 5 months. In those 5 months, management learnt how economically viable a mine would be and have told us that it is so.

2. Let’s get rid of the idea that management would pursue a mine that wasn’t economically viable purely to screw shareholders over.

3. Let’s get rid of the idea that The ASX is some group of highly competent experts. It would have been some monkey ticking boxes and following a checklist of protocol. He/she wouldn’t have known 2% of those who spent the time producing the SS.

It really is as simple as that.

This was the buying opportunity I was waiting for so I’ve fired all my shots and now I’ll sit back for the next few years. Fundamentals did not decrease and yet I was given a 35% discount. Brilliant.