Ann: Quarterly Activities Report - March 2022, page-140

This would have to be one of the stupidest comments by a so-called shareholder that I have seen in a while. It certainly proves you are providing a fraction of the company's announcements to portray a very negative outcome for the company.

You completely failed to understand the company completed resource drilling in the December QTR which found the Northern beaches 7 and 10 Measured Resource was 1.48 Million tonnes at a grade of 22.83%
Total Resource is 2.4mil tonnes with 21.61%

The announcement clearly states these beaches have already been replenished.



Please go an read the announcement
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYL4wm1yhD1v%2Fpr%2FLFiGug%3D

You are right Beaches 1-5 are significantly smaller than Beaches 7 and 10. although they are likely to contain 50% THM. Even mining these smaller beaches provides high grades of THM for a few months. this will provide the company with higher concentrates to sell and give the company more time to allow the other beaches to replenish until they process the inland strands mineralisation.