Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-16

Some Bits of new information provided:
1 - Drilling Program is an additional 30 holes for 3,000m immediately to the North of the current Siviour Reserve
2 - First assays were submitted to the Lab in November, should be due in Feb IMO
3 - Confirmation the BAM / DFS is going to target Graphite Flake Production in the early stages, before proceeding with the Downstream Plant i.e Generate Early Cashflow, Reduce initial Capex etc

#3 point above could be another reason the DFS is delayed as it looks to be a pivot from prior plans and is probably done after reviewing inflationary impacts and current flake pricing