Ann: Extension of Voluntary Suspension, page-31

Personally, I think we are thinking too small here. Most posts are along the lines of an additional offtake agreement for concentrate supply.

KDR, PLS and MIN have all done deals that have included an optional component on a refinery/converter as part of the offtake agreement. I see no reason why A40 can't follow suit. The current measured resource is an obvious issue to strike a deal now but we have only explored 1-2% of Ball Hill itself.

Plenty of options to negotiate further here for a JV component on a refinery - particularly if we are indeed talking to elephant size companies from Asia.

Haplo