Ann: Update on status of Final Feasibility Study, page-43

Hey mate,

Right now, the company needs to:
- secure short term working capital (non equity)
- get positive newsflow to the market, to counter the relentless dumping by the U.S.

Once done, they need to get through the new legislation and also push to get those projects in China up and running.

If they can do all this, happy days. The first one is non-negotiable and in terms of potential catalysts, I’d imagine they’d all likely give a little bit of added buying pressure.
The main potential catalysts over the next 3 or so months IMO would be the projects in China.

Surely if those generators sitting in containers aren’t going to be used, they should be looking to get whatever they can for them.

All IMO etc etc


Cheyne