Ann: Lake Goongarrie Drilling Results and Corporate Update, page-69

I am contemplating this, and while not great (to somewhat dubious) the journey KWR has been on. And having questions about one board member in particular. I wonder if/when you guys are prodding the management could it just focus on positive forwards steps.

That hopefully being, the board, funded now quite well (however that came to be), is ripping in. Driving for a rapid activation to production approach with BML at Selkirk and looking to expand fast beyond it, if they can. Bring in a few pennys a month in revenue that will fund a steady as she goes exploration of key other areas including the Lake.

Seems best not to see another Geo in the CEO role. Sorry Geo's, I am a Strategy guy, I advise in this area a lot. I am tired of seeing Geos in these roles, 8 out of 10 are only playing the asymmetric outcome, dont know how to run a "business". Yep bearing in mind exploration pure play strategy is pretty much a rock star Geo and access to Rigs, I get that.

Stop swinging for the fence funded by endless cap raises. If there is the option, focus on earnings, earnings growth, free cash, and use the free cash to fund a less make or break approach to drilling....

Seems KWR has the option.

I like where at the last the narrative its at now if they get into it asap. Plus there is the lots of pundits with the macro thesis that Gold is going to run hard. If it does timing might be good also.