Energised, with plenty in reservoir, page-5

Confirmation of the ~$50 million ARENA grant is critical, I very much hope to be correct here but we must recognise ARENA is highly politicised at the moment. The outcome may be beyond reason.

After confirmation, I'd have recommended we dive into the next stage of our pre-financial close works...but it looks like, from the video released this week, we never took our foot off the accelerator. That's the Eldridge Pit, our lower reservoir, with activity commencing along the new permanent access road.

Also, a sell wall just went up - 1 million shares at 20cents almost immediately after the smaller wall was wiped today. Today's buyer/seller had been in the market with day bids for around a week now.