Upcoming DFS, page-35

17 to 28.5 cents in a month on next to no turnover, still below last CR. Still tightly held and OZL move definitely underwrites BHP's bet on long term Cu demand. RXM's Hillside and KGL are probably the next two mines that will come into production in Aus. Expect KGL will keep the drills spinning until they have a 10 year LOM and then push the button with better finance options. Given the super predictable process they have been running with drill, prove, and then DHEM to target next drill hole, they have been increasing resource with almost boring predictability. Can't say I object to this type of boredom! Still believe are only scratching the surface of this resource and they still haven't sunk a whole in anger on any of their highly prospective adjacent tenements. I know the geo's have been fizzing to get some green fields holes drilled but right now we just need more resource to get a tick on 10 year LOM and they can get finance and get going. AIMHO DYOR