Ann: West Arunta Project - Luni MRE, page-287

Love hearing the contributions of all from different perspectives. I share views with 2ic regarding Niobium being an industrial commodity and not having the same relative value of gold. AHowever I think his comments regarding the NT (Native title) and introduction to the industry relatively irrelevant. Its number 2 on the US critical metals list for a reason because Brazil controls the market. Our entry to the market is not a concern of mine with the current market data, only if theres multiple new entrants would it be a concern based on current supply/demand data. Regarding the Lassonde curve I think it is probable that the share price will have long periods of sideways/slightly down movements but due to the high grade, shallow depth and long mine life the curve will be kinder and quicker for us unlike many others.
What we need and lack is a plan, whilst difficult to create at the present with so many factors unknown, will always hold the share price back until derisked. Power, Transport, Water, plans for plants etc. until we have more information on these many potential shareholders will wait on the sidelines. Government grants whilst I believe they are likely should only be considered if we get them. The Phosphate byproduct appears likely on initial Mets and could be huge for the company by helping or even potentially covering processing costs as Ozblue mentioned.
I trust Paul and the rest of the management team to do whats in our best interest and they have underpromised and overdelivered to date (except MRE being a day late) especially with initial Mets coming well ahead of expectations. The contracting of Gustavo (attached his experience below) is great for the company to be able to lean on his experience and will hopefully assist in our smooth entry into the market should we go to mine. Best of luck to all, not financial advice as always.