Ann: Investor Presentation - RIU Gold Coast Resources Showcase, page-94

Hi all,

I think the timing of further results from Burmeister, initial results from Jägermeister and finally the seismic models coming out at about the same time is not accidental.

In my mind there are several gateways that each one of these data sources has to pass through to be considered as being something worth emphasizing from the perspective of the wider metalogic implications.

For example, there would have been no point in emphasizing the seismic results over Burmeister if the method did not map the pegs.

There would be no point in emphasizing the seismic over Jägermeister if they do not match or exceed the results over Burmeister.

However, If the seismic maps the pegs at Burmeister, and it maps bigger pegs at Jägermeister and the pegs at the former are full of spod..... and there are other pegs mapped elsewhere corresponding to soil anomalies then what you have is a single announcement that potentially implies hundreds of millions of tons of resource and can move a SP.

This is what would do if I was running the show.

Cheers,
CC