Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

Mate the monetisation optionality across their West Australian and Nevada assets is insane.

So many catalysts coming into view.

* Big springs JV/sale/divestment
* 9 mills within trucking distance of Golden Range deposits.
* MRE expansion across multiple deposits.
* Both gold and antimony prices continuing to ramp higher.
* Recent M&A activity within Murchison region (SPR RMS).
* Capricorn Metals beginning to ramp up development at nearby Mt Gibson mine camp.
* Deflector is no longer one of Vaults core assets (regional consolidation optionality).
* Golden Grove is in financial difficulty, will there be a near term tolling agreement?
* Kirkalocka mill potential reboot.
* Scoping study for our own mill restart (capex lite option).

And that's not an exhaustive list.