Ann: Chairman's Update - August 2022, page-184

Flyboy.
You need to sit back and look at the dynamics of the company. The transition from Peru to Australia and the Frewena Fable legacy. Rob Heaslop his first was MacCreek but it wasn't the Frewenas so it was never pushed as hard.
Dr West was the director ruling at the time and it was not his agenda to tackle MacCreek his agenda was Frewena Fable & the Frewenas at the time and surely why not due the government holes NDI BK01 & 04 delivering sulphides.
So we went hunting IOCG & SEDEX deposits.
Young RH was brought in and expanded on the Frewena story.
Plus the Government involvement and free hand outs saw us totally drawn to the Barklay Highway campaign with MacCreek hardly getting a mention year in year out.
Now as we grapple for answers and assays of the Frewenas we question if both JE & Mac Creek might have been better alternatives as apposed to our reconnaissance drilling of blind targets in ET.

Its all to late now we have been shut down and await Assay results for the Frewenas, could be a amazing outcome or a total flop depended on Assay results for the Mt Lamb area.

We are where we are and need to await Assays to see if the Frewenas deliver. JE & MacCreek are down the road still.