Ann: Quarterly Activities Report, page-29

Did you watch the most recent webinar with JW?

My view is the same as yours, they should be looking at Pharos, its a potentially big resource, but thats not what JW said. He actually said something like, we aren't in exploration, they are plenty of identified deposits in the midwest that have been explored but not yet developed. Thats what they are targeting, but that isn't Pharos. Thats acquisitions like Shine and Beebyn. I think they have until 2025 to spend the required capex on Pharos, but it doesn't sound like they will be priorisiting any capex for Pharos.

Like I say, I'd like them to, I think its a good potential resource and as you say Pharos is close by to existing operations, but listen to what JW says, and he has said no to exploration. Thats not the current business model. Pharos was signed i[ before JW came in and took over.