Ann: Battery Conference Presentation - March 2019, page-153

No, I don’t agree at all that looks like just another doomsday painting. The upgrade to the plant even if you double it to $1M is small fry, drilling campaigns in the DRC are cheaper and some of the leases have historical exploration data already available which should make any drilling campaigns fairly targeted. That means cheaper and quicker resource definition. See extract from ann July2018 below.
Awesome

All in all plenty of free cash to advance the leases. You can always start digging chasing cobalt rich veins once a level of confidence is reached by the geologists, pretty much the same as the mechanised supply contractors. If it works for them it can work for WFE

The sensible approach is to wait for the accurate costing estimates in the prospectus but it seems some portray to know better. Mmm? Nothing wrong with chewing the fat I guess while we wait.

“The licenses are at various stages of exploration and development, with historical exploration activities including airborne geophysics, geochemical surveys, detailed geological mapping, trenching and pitting and both RC and DD drilling programs.

This historical work has defined several project areas where the Company’s consultants have proposed further activities. Winmar aims to undertake resource definition work, including metallurgical bulk sampling and mine planning to establish a JORC (2012) compliant resource”