There is one rabbit that has to make an appearance soon and that...

There is one rabbit that has to make an appearance soon and that is the factory in China, it has to be funded and is due to start this Quarter... that will likely involve some funding arrangement which could evolve into a bigger one post DFS for NH.

Another rabbit is Ancuabe and how that might evolve, one senario I could envisage is TON buying the AMG plant and having an offtake agreement with AMG, with any initial excess going to YX, it would be much cheaper to expand Ancuabe over time . That of course would involve a DFS for Ancuabe, it may also involve using other producers product to supply YX with in the meantime, if it comes up to standard and can't be supplied from Ancuabe...

There are many variables but just because we have a huge deposit at NH doesn' mean it has to be developed straight away. Just having a huge deposit is nice as it gives you options....

Why I like TON is because it has those options...

Cheers Whisky