Ann: Thick Near Surface Cobalt At Opuwo, page-63

Yeah I get that, my point was why dump 15m-20m shares before putting out your research note? I realise they normally do the exact opposite of their reports. Just seems like they have done that backwards.

SS will be more a collaboration of other work including the JORC and metallurgy. They would have worked on what kind of mining rates are possible for OP and UG and they will work out what the cost of each leg of the flowsheet is and stuff and then once though know what our resource blocks look like they can work out strip ratio and tonnage etc to feed into their formulas. Same with metwork once they establish what steps are needed and what recoveries and concentrate grade we can achieve etc. Or at least that would be my understanding as someone who has never been involved in a feasibility study. Could be way off base.