RE:RE:RE:Flies In The OintmentAn updated Feasibility Study would be constructive and there will certainly be inflationary pressures as suggested but cost increases are likely to be reasonable. Artemis is targeting 55 to 60% of Phase 1 capex to be done with fixed price EPC contracts. All mine developers are subject to current inflationary pressures. There is no other management that I would rather want in place to keep capex, operating costs and AISC in check. They are fully funded for Phase 1 but may very well accelerate Phase 2 expansion ahead of schedule. That will require additional funding. Note the recent C$400M Final Short Form Prospectus. A more important data point will be FCF once they are in production. The 31M outstanding warrants exercisable at C$1.08 are of little concern in my opinion as they were issued primarily to insiders and large funds. Very few of those warrants are in the hands of retail. They will be dilutional but of little concern with reference to traditional overhang rationale. Artemis is a very compelling buy with an NPV of C$3 billion at the current price of gold.