JRI IVZ Fireside Chat - March 26, page-134

• Yes we both know one mining co that fell into the second category, thankfully I got out without burning my fingers.

The PSA and flow test will come, for me funding this monster has always been the catch. SM has stated “you can only eat an elephant one bite at a time”, Robin has stated “it would be galling to give anything away at this point”, so while they are all of the same mind, and that is fine, they need to show the market the “how” of how they are going to achieve this. I think, as has been pointed out by numerous posters, the PSA completion should open the doors, but without proof it is a question mark, and again, it’s time and patience.

While I don’t think it’s anything unscrupulous, an answer to this would be nice. Is it pre-payment for 3D, long leads, or M2 costs.