Ann: SPP Offer Document, page-6

If you want to buy now it makes sense to subscribe early. Same price as at **promotion blocked**, but later payment.

We already have all the information, a presentation would make no sense. No lab results and Troy will publish results before the SPP is over. It is a question whether to wait and be sure we get good results or apply early and improve chances to get shares.

I think you had concerns regarding the viability of current operations. Not really a concern, but my idea of current operations is they will provide 1-2m per quarter over the next 2-3 quarters and then 9m each (as the September quarter) over the 3 following quarters. So either funding debt or exploration but not both at the moment.