onwards and upwards, page-8

Dilution is inevitable if the New Cell plant is to be commissioned. But at current sp is not an option. Stalemate!

A toll agreement could be in the mix until lenders start breathing a little, otherwise it is wait and see what the market dishes up.

Meanwhile the good work continues. This is what this team does best, explore, prove up and expand a resource. They've lost a bit of their cockiness, but none of their belief and pride in their task.