Dalkey and others who are talking up a takeover- NO CHANCE -...

Dalkey and others who are talking up a takeover- NO CHANCE - ZERO AND NONE - NOT HAPPENING UNTIL AT LEAST A COUPLE OF QUARTERS INTO PRODUCTION . We don’t have a market price for H/K. Our future depends entirely on BOA’s which is CUSTOMER BASED that comes with a confidential opaque price they pay for our different products.

The acquirer will want certainty of demand from known customers. Also more importantly they would like at least a couple of quarters of financials looking at operating mine cast flow, EPS, AISC etc. taking into consideration of capital expenditure - once the processing plant is commissioned should be negligible or zilch.

NOT HAPPENING IN THE NEXT 18 MONTHS.