Next Quarterly Report

Recent share price activity is retreating after some positive gains. Today's close 5.0 cents seemed like a rear guard action to stem the tide. Trend is still heading lower, although 4.5 cents should be a floor given the recent capital raise activity. Buy depth however is not looking strong although this can change rapidly. The coming Quarterly Activity Report will hopefully provide guidance around cash burn and some future views as to what the next quarter will look like. Specifically it will be helpful for all shareholders if we can gain an understanding of the following:

1. Progress with the new CEO appointment - who this may be and any detail around their future plans will help provide shareholders with confidence going forward (or not?). Other Board/Management changes as a consequence of this appointment will/may be interesting. Given the size and stage of this company duplication of skill sets are an expensive luxury.

2. Guidance/formalisation of the updated gold resource is also due. An indication of when and anticipated outcomes will go a long way towards calming the selling pressure.

3. More detail on the forward drilling plan for the next quarter - hopefully more focus on proving up the quality locations already discovered rather than trying to further expand the resource extent by drilling unknown drill locations. Plenty of time to do that in the future once the financial viability of the business is bedded down. I do agree with CourtyardDog and Lethal70 in that there is enough potential in the existing drilling locations to get this to the next stage.

4. Some discussion around the requirements of future funding - may as well get this reality out in the open rather than dumping the news on shareholders at the last moment. Everyone should understand that funding is critical to business success and need not be such a negative if the process and rationale is objectively and realistically discussed and communicated.

5. Provide a progress update on the Feasibility studies undertaken to date (Presentation - RIU Conference Sydney 19/5/2019) including:

a. Feasibility Plant Design & costings
b, Infrastructure
c. Pit optimisations
d. Underground resource
e. U/G evaluation
f. Geotech
g. Environment

If for any reason there has been no further work on these important project elements, provide an explanation as to why and outline when this work will be further developed in conjunction with the continued drilling investments.

This is no doubt not a complete list so all additional contributions gratefully appreciated.