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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-29

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    Can anyone help with the acronyms used here 'FEL 1' and 'FEL 2' ? See item one and item three below.
    Is this referring to Phase One and Phase Two of the JV MOU?

    https://hotcopper.com.au/data/attachments/4067/4067221-8c344de467ffc2ae32b7d2b5ed0a1637.jpg
 
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