Ann: Quarterly Activities Report, page-342

Papstock, Spq won't get taken out for a bargain. The top 20 hold 36% and I bet probably the top 40 have 50%.

I know across 5 holders I know, close to 30m shares just there.

Results will determine the sp.

If a porphyry is found, Spq then has 3 copper projects.

1. Bottletree, to define a resource.
2. Cockie creek with a resource and a porphyry to be found.
3. Wynadotte with resourse and a porphyry to be found.

Bye the end of this year it is highly likely Spq with have 3 copper porphyrys on the go, all in resourse drilling.

No other company on the asx has 3 seperate copper porphyrys in oz.

Throw in phantom, big mag and Dido for nickel discoveries.

Gold, steam engine and dinner creek open.
Eastern, prior drilling got a wiff of mineral.

Then between those and bottletree windmill with high grade samples.

Everything is open.

The real stuff will start this campaign as 2 porphyies are on the cards for discovery at cockie creek and Wynadotte, along with 3 copper projects getting resourse drilling.

2022 campaign, what we await was just a recon, nothing more.

So we should not look specifically at copper in the assays, but at structure.

Copper as mentioned is next with resource drilling.

Ain't about what's on the plate now, but what is there this time next year.

Then a review in 2024 for 2025 state.

To me and I hold cxo and did deg, is spqs potential is far greater than those put together in the longer term.

They have snaffled some of the best copper and nickel ground this country has, and the really nice bit, nobody else has really explored it.