Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-86

Ajax

Certainly not trying to convince anyone to buy in here but just wanted to point out that Tungsten is listed as a critical mineral by the Australian Government. Mount Lindsay & Venture Minerals are in the discussion & the Tin is mentioned.So I assume they are eligable to get a slice of the $2b financing facility from the Gov.

Refer the "Australian Critical Minerals Prospectus 2021" page 55.

My opinion is VMS has so much potential, we need the BOD to pull the finger out or get someone to steer the ship in the direction of real progress. I have concerns that AR has too much of a Geologist mind set & not a driver of buisness opportunities. I want BOD aggressively persuing government funding, offtake agreements, solid timelines to shoot for etc. Geology is an important part of the commodity market but maybe not as the head of the company, Time will tell. I'm hoping i'm completely wrong about VMS management so take my opinion with a grain of salt.

By the way the prospectus is a good read, there are some real good opportunities to invest in or just to monitor progress of potential investments as they develop.