When?, page-39

Agree with your sentiment mostly 564. Management are disgraceful at communicating the intent on most of their announcements and giving enough detail to stop conjecture and speculation. They need to start disclosing more information now. The board can only do so much with planning approvals. In my opinion they have enough people in the right positions that are solely focussed on this process. Maybe Shaun O’Neill would be a great person updating our development process and hold ups with approval,as he is the man dealing directly with Rockingham City Council,theJoint Planning Panel and state planning authorities , if my understanding is correct. Turner and Townsend should be able to handle the liaison between all of the relevant authorities and getting things happening in an ordered timely manner once approved. Our boards job then is to drive the company forward with other projects that need attention and commencement. Our Tanzanian employees day to day role is a complete mystery to me. Are they paid consultants working on our behalf with a retainer,are they full time employees of Tanzgraph?With all of the finance consultants handling this process and our legal team handling the government applications what do our team on the ground provide except a face on the ground?Maybe it’s time for Andrew to get his ass on a plane and go to Tz and have a meeting himself. Our proposed something in Sweden has never been formerly articulated. Leaving room for more conjecture. What is this site reservation for?How long does it last and can it be guzumpt?Is it in relation to a deal with Northvolt,are they our partners in Europe?What about Germany?It seems odd that German bankers and industry have been pushing Epanko for 10 years now but we have not made any mention of a plant in Germany as was first articulated. From 564s correspondence with AS ,all are still in play and fully committed. What are they committed to?What bank sticks to a doomed project for 10 years without a backstory in play driving it from above?There was always an understanding that we would eventually expand to the US. Was this just a ploy to get our US listing off the ground and if so why bother even having a US listing if we are not going to be in that market?Jeffries must see something. Continually accumulating since CR and seem to be holding strong. What is their intention?If there was grumbling from theses guys who participated in the CR I’m sure you would be hearing from the board. I still hold to my belief that everything that is going on here is orchestrated to serve a purpose. The shorting started immediately after our CR ,which in my opinion was also orchestrated to serve a purpose( to have necessary funds in bank to qualify for government backing for Kwinana. ) Our major instos who participated in our CR seem to be sticking with us even now after a considerable drop from the CR price and seem to be committed. Have they orchestrated this shorting as a hedge against further downside ( ironic going by current SP) or is it a means to accumulate more shares from weak retail hands knowing the companies grander plan more intrinsically? Are the shorters driving the price down in anticipation of government approvals happening soon and hence give them a lower springboard to buy their shares back during the spike that will come from this announcement and others that imo will be forthcoming after approval?Remember the shorters have not capitalised one cent as of yet on this practice but have the costs associated with doing it?As I said at the beginning of this post there is far too much speculating and conjecture here and that lies squarely with the board. Their belief that is risky sharing any details re partnerships ,associations and testing outcomes may be real with the likes of RNU lurking in the back ground , shadowing every move we make. Once this approval ticked off maybe we can move forward as a company that moves forward with all projects without having to look over our shoulder. Andrew I think it may be time to let some cats out of the proverbial bag once this market rout is over. 2023/24 will be here in no time and we still have not made a binding sales agreement with anybody. Let’s make that the first cat. Stay strong fellow holders. This too shall pass.
Lectro.