Ann: Nomgon CBM Operations Update, page-17

Well done to Neil and the team.

Finally some well written, well communicated results, and actually doing what they said they were going to do in the timeframes that they said they would do them.

If Nomgon 10 delivers and both Nomgon and Yangir can be converted to reserves, then surely we're firmly in the sights of a T/O.

Revised Upcoming News Flow / Activities (as first communicated in July/August 2023) - For Accountability

1) Spudding of Nomgon 10 Well (by 31 August '23)
✅ Confirmed done on 7th September (8 days late)

2) Spudding of water bore for Grandis (by 31 August '23)
✅ Started ~21st September (21 days late), drilling to 1200m

3) Completion of Nomgon 10 + Commissioning (21st September)
✅ DONE on 27th September, even after 8 day delay in starting.

4) Access Track + Well Pad Construction Works (September '23 / most of October '23)
Started mid-September, on track.

5) Install Blow Out Protector on SLB rig (Mid-October)
Now confirmed to be procured / available for installation
6) Spud Grandis (Early November - Inevitably will be delayed..)
Looking like it will be delayed, as expected, given it is late September and they're waiting to hear about rig availability / release.
7) Updated Nomgon Pilot Results (Early/Late December - 1.5 months of dewatering)
8) Grandis Drilling (Mid-November - December)
9) Grandis Pre-Stimulation Results (Late December '23 / Early January '24)