Where to From Here, page-10

Looking ahead, i am asking the question, why is the grades not closer to historical records? +20g/t,+50g/t.

I don't expect all to be around this area, but maybe a meter here or there. DDD management mentioned that the drilling was exploration and i agree, but it was also to confirm if the grades are real, which i is why the drilling was so close to the old mine that some of the drill hit those shafts.

there is a lot of potential especially around Sawpit. i was disappointed that there was no extension of minerialisation north of the deposit (but it was only one drill hole that was not in the original location).

It looks like from previous announcement that DDD are considering underground mining for Challenger. which was what the previous company did 4 years ago until they had to stop because problems with the plant. then did not get the funding to upgrade and continue.

This is good because it will have limited cost in starting up the mine. also to note there is about 19 million in gold from the mullock estimates and these are piles located through the tenant. so easy quick gold.

We have a GEO report coming from Gibraltar so this will increase the JORC but knowing that Currajong did not meet the GEO interpretation, it needs to be remodel which will reduce the JORC.

with any bad news, the market reacted the way it did, there is a lot of potential for the company but none of that will be seen in until the end of next quarter.

IMO