looking forward to the quarterly update, page-2

The thing is that WDR's tenements are more inland and further away to the railway, where's SHD's is closer to the railway line, making us the better choice.

The target of getting us into production by end of the year is also a very pleasing result and can be done.

If you remember back years ago, during Noble Group's takeover of Territory Resources TTY and that we could be next.

I recall looking at Territory's resources was depleting without any new resources, meant that a new acquisition like us SHD is on the cards.

The thing is that Territory's facilities and infrastructure is there and today's announcement with talks and a debt deal with Territory (Noble Group) is on. Surprise suprise, 2 years later.

It makes sense that we can use their expertise and facilities without the need for us to build our own with very high CAPEX, even if Noble wasn't going to takeover us.

Any deal be similar to FMG/TPI/BCI deal, without us needing to forgo any share of the Roper project.

This is looking good and positive. I'm sure we will see us heading to 20c by year end.

Another thing is Meijin could have realised the problems that WDR faces with access to infrastructure, rail and port. Thus that lead them to pull out.