Ann: Quarterly Activities and Cash Flow Reports, page-26

Hi A I

There’s looming catalysts the BWS results, drilling at Mt Isa sites, the JOGMEC replacement to a new corporate partner... could be huge impact and unexpected chance of larger companies realizing it would be easier to take us out than try to secure and find such good tenure and scale of resources which I’m half expecting here...

Within 12 months this wee one will be recognized as a big growth story, as it’s already showing the Cu assets are at hand, and just need a little watering so to speak!.

Pulling contiguous along strike Trafalgar trend together and so on into our ground, and Cu Au discoveries from near surrounds will relatively soon, make us all much more comfortable mate!!.

No guts no glory, this team has pedigree & backbone!.

Sarg