Ann: Investor Update, page-16

Thinking about the breadcrumbs management leave in these presentations, here's a few of interest after another read through:

• Should be expecting some Yandan results any day now.

• They are planning to provide an upgraded Yandan resource in Q3 off the back of these drill results (both upgrade from inferred to indicated/measured, plus increase in overall oz). Could be interesting in the next couple months.

• By far the most speculative one, but they are still looking at acquisition targets. No names, but there's only one acquisition target that I can see, and that's Wirralie. There's been some speculation around Wirralie and if we see anything announced that would be a massive boost in the near term potential for the Drummond portfolio, considering Wirralie is currently operating.

When they start applying for and getting tenements around Wirralie (like they did in the months preceding Yandan, then again in the months preceding Twin Hills), I will be very tempted to move even more funds across into GBZ!