New Year News Flow, page-3

Thanks TFG,

unfortunately, I expect the delays we’ve seen all this year at the labs will also be with us here. We may not even see the results into Feb, maybe March. Then whatever time it takes to do the resource upgrade from there.

I suspect the offtakes will start to be confirmed gduring q1 & q2.

I also agree that the $2b funding remains our biggest risk, but like you, I think the quality of our project will get it done. The other big risk is a major market crash. But we can’t ever know when these occur; only that they do. If that happens, it would be the main thing that could derail us. Not something we have any control over and we just have to be aware of it.
I will look to take my cost out during the year, as I’m very risk averse these days, being 72 and retired. As we’re hunting a 50-100+x, I’ll still have more than enough to do very nicely.

cheers,

ned.