Ann: Further drill results at San Jorge Island, page-21

Like I said, they should have done further drilling at SJ 2+ years ago to see if they could find better grades but looking at the 2 recent results, it looks like the norm is 1% on the surface and 1.5% deep, Kolosori nickel grade is 50% better, depth is 50% less on the surface and deep, and thickness is 50% better. So facts don't lie, no matter what spin you add.

And there is a huge price difference in 1% (SJ) compared to 1.5% (Kolosori) nickel grade, and 1.5% (SJ) and 2%(Kolosori) and also operation cost if they mining less than 50% depth on the surface and deep, the 50% thickness means the JORC resource and reserve would be a lot higher. So facts don't lie, no matter what spin you add.