Ann: Phase III Drilling Completed at Sorby Hills, page-8

Such an exciting period ahead, 2020 looks like it will be a transformational year.

Management once again demonstrating the correct allocation of funds with each drill program adding substantial weight to our resource, whilst focusing on the ore within the pit shell (OPEX shouldn't vary much at all + NPV increasing naturally).

Once again, this program will most likely push our global resource (to 40mt+) whilst increasing our Indicated category and at a minimum replacing the Inferred too. Current cash position pending a number of catalysts in early 2020, we're looking prime for a rerate.

You would commonly expect after the PFS demonstrates our numbers, certain institutions would be inclined to further discuss the deposit through MOU/offtake. Most likely our JV partner 'Henan' or perhaps an external party knocking on the door which would naturally fasten Henan's speed in handling the JV terms.

Extensional drill results pending, wildcat holes confirming historic mineralisation to the far West and our delineated PFS being released in Q1 2020.

Also, the mineralisation intersected to the West (Hole depths were only 30m), occurred in the saprolite. If the pod takes shape to actually be of significance and add toward our resource, it would be blast/free dig (Similar OPEX to our existing resource). In saying that, it actually has some high-grade pockets in the historical evidence found on geoview and looks to be restrained with limited drilling surrounding it.