Ann: Drilling Intersects Prospective Lithology at Paterson, page-57

Hi Sandy,

Yes, this whole topic gets raised time and time again and it's about time a proper and informative explanation was provided to shareholders by management. Prospects might be fantastic here but communication is bloody lousy. Normally I am very reluctant to be so direct with my opinions on such things about management on this type of forum.

I have just sent JP an email requesting an account of this drilling strategy at M.A. to be given to shareholders in the next Quarterly. I have pointed out the ongoing "inadequacy" of the "shortage of crews" and "COVID" as continual explanations provided for this "poor bang-for-buck" drilling program. If other companies (evidently) do not have these issues, then why do we?

If I am off the mark, then let it be explained that this view (held by so many) is off the mark. There is too much tip-toeing around on this subject. Let's drill into IT!

Kip