Ann: Investor Presentation, page-12

This presentation of information demonstrates that management have skin in the game, in circumstances where they continue to emphasise the quality of the “new leadership”** - a matter of fundamental importance - rather than a couple of big name top 20 shareholders. In my view, this is the right approach, noting that: (i) Cazaly is old news and (ii) trading off TG’s involvement would be a little infra dig. This - together with the quality of the tenements, the drill results to date and the exploration strategy - instils confidence in me at least.

(** Not merely management and not so new anymore.)