Bank balance is the same as OD6 @ 3.5MM. Slower forecast burn rate sees us stretch this over 5Q (vs. 3Q OD6).
"Hydrochloric acid leach test work undertaken by ANSTO and IMO3 nears completion."
Suspect we'll soon see near identical results to multiple neighbours' announcements in recent months: 50-90% recoveries with <1 pH HCl, "encouraging results that support Phase 2 leach optimisation.
No mention of organic acid, H2SO4, ammonium sulphate, so assuming ANSTO has knocked these on the head (like with our neighbours).
No surprises... Hurry up and wait.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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