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Lepidico - Quarterly Activities/Appendix 5B Cash Flow Report


Key Points

Development

• Front End Engineering and Design (FEED) work for the Karibib concentrator completed in January and is now under review by Lepidico
• Phase 1 chemical plant design improvements identified from Demonstration Plant leach trials will enhance operating performance and reduce risk; improvements now being integrated into FEED workstream
• Chemical plant geotechnical site evaluation works started at the Khalifa Industrial Zone Abu Dhabi (KIZAD) to support foundation and footing designs

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