Ann: Updated Feasibility Study Results, page-74

Im firmly in the optimist camp Ando. There has been two (November signalled) announcements and one further un signalled.

There are further areas were announcements that gave been signalled as either advanced (titanium off take) or scheduled for November (KfW meeting in Hamburg).

One full week till AGM is a tight time frame so "Countdown Calandar" says it's a line ball call. But it has given the BoD and MD the benefit of the doubt and They have delivered this far.

What "Countdown Calandar" is counting on is that PB will not want to front the AGM without more. Theres a lot of loans and other incentives out there that need SHer approval. Gotta front the AGM 3-0 IMHO or face the custard pie.

Combined turnover yesterday was over 5 mill. If the primary source for that is No 3 then surely they must be close if not actually dipped under 20 mill remaining in there hands.