Ann: OBM Strategy & Values Presentation - August 2022, page-6

This is a great news for shareholders and lifts the gloomy outlook for me and hopefully for other shareholders. Luke's communication style is good and his strategy sound. The under performance to date can be traced back to two things - low grades and inefficient plant. Although new plant operations always take time and money to get right, OBM's operating efficiency ultimately depends on the ore that it mines. It is great to see a plan that invests in firming up resources to reduce mining risk. While it doesn't guarantee good grades it will improve planning and execution for efficient operations. All OBM needs for success is the discipline to realise the indicated and inferred grades. Good luck Luke and to all shareholders.