Ann: Thunderbird Construction Approaching 90% Complete, page-9

Seems like it has been forever on the side lines with SFX, since an initial purchase in 2012, and multiple entries and exits over the years, last like 3 and a half year ago; I'm back in; hopefully with better results this time...

2ic, RE: "one does wonder why the DMU was scheduled so late in the plan"; I'm not mining expect, however I believe the DMU are the "skid-mounted dozer trap mining unit plants" which sit at the mine cut, screen the sands and produce a slurry that is then pumped for wet processing.



So whilst HMS mining can't be done without the DMU, it also can't be done without the other wet separation plants either, as the resources need to be pumped to somewhere.

As such, whilst the DMU could have theoretically been manufactured and delivered to the site earlier, it couldn't be dropped where it needs to be (as the waste mining activities (clearing and removal of topsoil (overburden) is required first) so would need to be double handled.

Also, given the mining contractor and provider of the Dry Mining Unit are one and the same, Piacentini & Son, who are specialist sand mining contractors; who can't mine unless they deliver (and no doubt their would be significant penalties in place if they fail to deliver); I'm very confident that this will be delivered on time and when they require it; with weather being the biggest risk and given the wet season isn't until November, that seems a pretty low risk to me.

Anyway, good to be back. Pretty sure this will now be a long term play and expect the price will finally start to reflect the true value of Thunderbird as the project de-risks and starts to generate income.