Ann: TGS Kipoi Production Update , page-10

Bender, spoke to mgmt and analysts that cover them.

Charl, I hear you on the quotation of cash costs, it is a common trick to make the production costs sound lower.
Makes it hard to compare projects.

This is only stage 1 Kipoi - stage 2 and going forward is copper cathode SXEW processing so the payability is different and there are no contracts.
Kipoi stage 1 is priced but let's face it that is not the main game here.

Think maybe you've pulled the trigger too quickly but you've probably made a lot already. Too me the story is just becoming genuinely "bankable".