Ann: Project Funding Update, page-5

Reminder of the 29th March Update:

Mine Development Funding
As outlined in the Market Update of 3 March 2018, the proposed funding syndicate for the development of the mine (Funders) has commenced their various credit approval processes with the final approval to be advised in the first week of April 2018. Whilst the Company has been informed that two of the parties continue to make progress in accordance with the original approval timeline, the third funding party has advised that their credit process will only be concluded by the end of April 2018. The Company continues to work closely with all Funders to ensure that the credit approval process is completed as soon as possible. The board meeting to consider a recommendation to Shareholders regarding the Funders’ credit approved term sheets will therefore be re-scheduled to 10 May 2018.

So more announcements due!!!