Ann: Quarterly Activities and Cashflow Report, page-16

Exactly, the right fundamentals are definitely here. I am not selling anytime soon, even if we do drop into the 2c range which is now a chance as a few holders get sick of waiting for news, and start to look elsewhere for a quick buck.

Eventually, the market will wake up to Uranium and it will be as bullish as Lithium is regarding EV technology. Everyone knows the demand will be there for the future with EV's. There will be a massive demand for Lithium while there is a low supply from mining. Some of these mines will take years to start up. Hence current record prices every week for Li.

There will be exactly the same situation for Uranium and Nuclear energy. There will be huge demand into the future to get to net-zero along with a world energy shortage. Similarly there is very little supply of U mining to meet that demand as Japan restarts and countries all through Europe as well as the USA construct more and more reactors. At current Uranium prices, a lot of mines are under care and maintenance and won't start up production again until prices are well north of $100 to ensure there is a safety net for their future profits. This gives TOE plenty of time to catch the pack and get our mine constructed and producing in the next year or 2. Therefore the long-term value is definitely there for TOE and we are ahead of the majority of our peers in the ASX Uranium space, even if the recent share price has not responded to this, due to non-U related factors such as OZL selling. The facts are we have Mine regulatory approval and the environmental approval will continue to be relevant going by confident rhetoric in the quarterly from management.

Having said that, it is important to also keep TOE bullish in the short term and respect loyal shareholders who have a lot of money in this company. We want to see plenty of green days and our hard-earned money start to grow! Plus more than anything, begin to get rewarded for patience and see some sort of progress during good Uranium sentiment. As I see it, management is well overdue to update the market regarding our Uranium assets, for the sake of shareholders in order to keep TOE in the media and at the forefront of the market so we can capitalize when the next bull runs begin. I hope if you have not done so already, that anyone concerned with the lack of newsflow of our Uranium project, emails management and asks for a please explain. Hopefully, this will also keep them pressured to perform to a good standard.