Ann: Africa Down Under 2023 Corporate Presentation, page-14

Hi,

Gino explained in his presentation that mining infrastructure (laboratories, mining equipment, mining professionals) is not as readily available as in established mining regions. Surprisingly road, port and grid access are. Which makes it relatively cheap to develop once minable resources are found. In addition Namibia has only a population of 2.5Million.

Everyone should also keep in mind that Askari has only a handful employees.

The company has very little bargaining power. Considering that Gino and the team do an amazing job securing the licenses in Namibia.

Of course, it would be nicer if everything is on schedule, but unfortunately this is not how real life works.

The risks and difficulties are somewhat higher, but the rewards can be tremendous if successful.

K