Associated News, page-228

Shareholders have been educated time and time again. ESG position, forward plan and any other important points are outlined with each announcement. Problem is that most investors are sitting on their hands waiting for financing.. We saw this especially recently when we went to 20c after GM investment and then back to 10c after capex was announced.

Management can go around parading everything that is golden about this investment opportunity, but until they can answer the question "so how will this get financed?" the investors will just tell them to come back later. Sadly we're not in the same box as lithium projects otherwise there'd be a lot more interest to support this during the waiting stage..

A lot of boxes have been ticked with regards to this, cornerstone investor is lined up in General Motors, plenty of government finance in the pipeline going through due diligence at the moment.

You can be in now and be one of the earlier investors betting on this financing to come through, or you can jump on board when the train gets going and significant funds are committed to the project.

I can see this project going ahead so I'm in, holding and loading as we go along. The only concern I have at the moment is the share price getting lower which would be a problem with raising capital for FID, also a bit disappointed in the timeline and would have liked us to be about 6 months further ahead. Although it can also be expected with the difficulties of the last couple of years that there would be delays and regarding the share price, as I explained above, I believe this will turn around as well when the time comes that financing is announced.