Ann: Noosa Mining Investment Conference Presentation, page-9

Hi DBrent15

Peter Kerr is a CPA. He presents in a factual, non gusto, conservative and somewhat dry manner manner.

Posters on here have compared Peter to John Welbourne of FEX. John speaks with excitement.

Many confuse the different personalities of the speaker as being bearish or bullish.

i focus on the facts that are stated, and ignore the vibe, especially when presenters use the words like "excited" over and over.

The vast majority of my posts are simply reiteration of the facts, what was actually written in reports or stated in presentations. I leave people to formulate their own opinion.

Peter Kerr did not say he would go down another 150 to 200 metres. Peter Kerr said he would go down to the "next 150 to 200 metres".

Main pit is currently around 125 metres deep and was originally modelled to 225 metres. "Deep main pit" is something that was talked about by Jim Beyer, the previous CEO.

Yesterday Peter stated that the strike zone goes down for "hundreds of metres".

You have interpreted what Peter said as an additional 150 to 200 metres (which would take us down to 275 to 325 metres).

There is extensive work going on in the current quarter on the haul ramp.

I took what Peter said as he would take main pit to an overall depth of 150 metres to 200 metres.