AUC holds meeting with community 29/3/2023, page-64

Either way, there’s limited chances to keep holding it down. I would say a maximum 6 weeks for the sellers to take advantage of. Of course approaching end of financial year, May and June have historically been higher selling periods as investors organise tax write offs and sell parcels. A great period for buyers to get involved! If gold prices are still stable above $2000usd by the beginning of July we should start to see a big reversal taking place as less sellers will be active. I would say as we move into the third quarter, there will also be more newsflow from AUC management as we reach the key milestones on the timeline we have been given.