Ann: Investor Conference Call - HY24 Results - 28 February 2024, page-21

Yes completely agree daveyjones.

Very different vibe from what we used to hear. There's a ring of confidence that the whole team speaking were 'experts' and knew exactly what they were doing and what needs to be done. No more fluffing. I was very impressed. Recommend those that haven't heard it, take the time and have a listen. Things have changed for the better.

I also noted the recent announcement by S32 about commencing construction of their massive long life lead-zinc-silver deposit in the USA. They seem confident about the future for zinc in particular. (Not a holder) https://www.south32.net/what-we-do/our-locations/americas/hermosa/about-hermosa

I don't know if we will change from the annual resource update in the 2nd half of the year but I'm sure we will see some of the infill drilling results for Federation in due course. I'd love to see more at Great Cobar as well.

All the best.

KKR