Ann: Exploration Drilling Update, page-40

I think there was much to like intoday's announcement, such as:

• Nearer surface ore at a grade that will make a difference to project NPV
• Whilst more drilling required, currently have the funds to do so.
• Preliminary findings of pilot test work programs encouraging and BG quoted as saying an announcement on that in the next few weeks.

However, what I think I almost liked more was the level of detail given intoday's announcement (and some other recent announcements).

For example, compare:

1. The two page and a bit page announcement we got on 9 November 2022 for the much awaited process plant flow chart - and that two and a bit pages included diagrams with no appendices or technical information.

- Versus -

1. Today's drilling update announcement with a 5 page announcement including another 50 odd pages of appendices with things like a drilling history and all the technical data one could ask for to get an understanding of the geology.

From here, I hope that:

• management keeps a high level of detail in theirannouncements;
• gets that pilot plant test work announcement out "within thenext few weeks";
• gives us a clear timeline for further drilling and anyresource announcements; and
• confirmation that funds are available to get to aresource level without needing to raise capital.
• It would also be great to seesome preliminary economics - but not sure if that would be possible until aresource on the near surface ore.