Ann: AGM presentation, page-18

Waiting for permits in W.A. which seem very difficult to get.

Waiting for the freeze in Fraser Lake to be able to drill the new targets. I am assuming that will be very soon.

I believe there is a lot of confirmation work going on for the processing route at Lynne Lake. Beneficiation tests of the ore to see if it is possible to cart less of the dirt to surface. I think they are having success going on the webinar discussions.

It seems as though more money is flowing around for this type of project even though the nickel prices are suppressing the whole sector at the moment.

The whole renewable and EV sector at the moment for the miners seems bizarre with the sector being trashed which doesn't match the rhetoric from Govt's who are pushing hard to replace any sort of fossil fuel use. It should change at some point and it will most probably catch everyone off guard with the malaise they are putting us in.