Ann: AGM Presentation, page-2

Statement on slide 7 is pretty questionable,

"the size and grade of discoveries do not need to be exceptional as the sulphide ore will be additional feed for a planned mutooroo sulphide ore processing plant."

I think this is a very good example of why Giles is considered an Exploration Geologist NOT a Mining Geologist. To call this ore implies that it is economic to dig up, which at those low grades and limited width I highly doubt. Additionally, do you really think the objective of our drilling campaign is to target Low grade mineralisation which in a VERY slim chance (pending extremely unique market conditions) this can be mined and contributed as LG feed into our imaginary Mutooroo plant? I would have thought chasing bigger targets or being more conservative with shareholder money would have been of more immediate value at this stage.