CAPITAL METALS PLC (CMET) — Project Update

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the CAPITAL METALS PLC project update. Throughout this recorded update, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time just by using the Q and A tab that's situated on the top right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review the questions submitted today and publish responses when it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to executive chairman, Greg Marty. Good morning to you, sir. Thanks, Alexandra. Morning, everyone. As as Alexandra said, my name is Greg Marter, Executive Chairman of CAPITAL METALS. We have one of the highest grade mineral sands project on the East Coast Of Sri Lanka. As you'll see, you know, in the mining industry, there is an expression that grade is king, and you'll see from the next slide that how true this is. So we are the red dot up to the right of the slide, and the rest of those dots are the operating mines and development projects for listed companies in the mineral sand space around the world. So we're an absolute standout in terms of grade. At the moment, the dot size represents the size of the resource. In our case, it's a resource. In the other case, it's reserve for the other projects. But we're expecting to increase the size of that bubble with a current drilling program that should be mobilizing the rig as early as next week, and we're very confident that we can double and even triple that resource. And I will talk to that more during the presentation. So as I said, the project is in the Southeast of the country, whic...