Ann: Tiris DFS Progresses Strongly, page-23

Exactly Prempt. I like the approach because it kicks some of our liabilities down the road by a few years and then out of our own pocket, and in what should be more favourable climes for U. And by then we'll have a very good cost model for operating Tiris and a very good idea of what our tenements hold - Tiris, Metals, Salt Pans and Haggan. In spite of the share price I'm really excited about AEE's prospects. We are a laggard now, but I still feel there's much upside to come. As you say, the trick in the short term is to find funding based on some measured NOW and a future projected expansion of the project.

If we were to secure funding in the short term I think its very reasonable to assume any significant equity raising will be at much higher prices.

A lot to look forward to!

GLTA