Ann: Strong Drilling Results and Permitting Update, page-12

I actually think sophisticated investors or institutional interest will ramp up the closer we get to mining grant. This catalyst is the main event to de-risk this company. We are trading at below half our market cap because of this issue and risk associated with the buffer zone alone. The moment this issue is solved, everything is on the cards, even takeover talk. Therefore, it is normal that many will be taking positions prior to the permit grant announcement. I would not be surprised to see 40c prior to grant at the back end of this year IMO.