Ann: Bulk Sample Returns Excellent Recoveries of High-Grade Gold, page-7

totally agree, the west coast tenements should not be ignored. The same guys have had one of those tenements for 10 years now and the other one for 7 years, 4 years listed. They did do a small drill program in 2018 and did some mineralogical / metallurgical test work on the core but the results were not positive enough to make it into the prospectus. not sure if its legal to omit data like that but Flynn dont seem to worry about that. Having had the tenements for so long, and bear in mind the main part of a tenement application in Tasmania is a full data review of historic exploration, 19th Feb 2025 they say they had "recently initiated a data review" ?? They also made the effort to take some grab samples from known mullock heaps which would have taken an afternoon or two and released those data a week or so prior to the last cap raise though that's probably just a coincidence lol.

I emailed Neil in September 2022 with some questions regarding the lack of field work and follow up. He was good enough to reply. Questions in purple, Neils comments are in green. The reason in 2022 as to why they didnt drill Henty was that it rained. Amazingly they had planned to drill in winter maybe not realizing it was the West Coast of Tasmania ! geez. I have personally run drill programs over on the west coast in winter including helicopter supported programs so its obviously possible with a bit of actual planning if you know what you are doing. You do have to have the will to do it tho.

Its interesting as drilling Henty was in the Prospectus 1st two-year program schedule and have not done anything about that but Neil says they couldnt follow up the Sn ground as it wasnt in the Prospectus funding schedule ??

Also interesting that Flynn decided not to release results of samples they announced they took in 2021 at Mangana tho Neil reassured me in his email that Mangana was very interesting (which i also think it is) and that it is one of their first priorities. If that was true, why have they done zero work on it ??

Its now mid-way through 2025, no recent work at all in WA and no work at all on the majority of tassie tenements which mean the only way they could fulfill their minimum exploration spend commitment to governments is paying themselves to do desk top studies (which have already been done) but as in the bottom email reply attached here, Neil in 2022 states there is no lack of enthusiasm.

imo neil doing more paid promos and posting the same interviews repeatedly on X means next CR imminent. after a ~4 month hiatus between drilling, they started again in March at Trafalger this year so i am guessing they are waiting for assays (or holding assays back for the CR is also a possibility considering the "bulk sample" they say they took was taken in May this year and have already have assays back for that).

briefly on the "bulk sample" ... that is absolutely NOT how you take a bulk sample. Bulk Sample means they would have taken the 10T to the lab, what they did is excavate x tonnes and pick out 6 samples that they split into 12 normal sized samples... so grossly misleading to call it a bulk sample as they vast majority of the "bulk sample" remained on the ground. whats more is the recent videos on the investor hub (posted in the thread above) shows director John Forwood handling the samples with his exposed gold ring touching the samples. Obvious to anyone, this provides a great opportunity to introduce more gold into the sample, basically salting the samples so all of that data, if you have any QA QC protocols, should be considered void and not included. The BOD being happy for this to occur should raise huge red flags here on their knowledge / care factor... ie are the fieldies and core cutters also allowed to potentially introduce foreign sources of gold into the samples ??? geez, they clearly have a very relaxed attitude to sample integrity which any geochemist, exploration or resource geo or industry investor would run a mile from.

dont shoot the messenger but i am more than happy for anyone else that has done some research on these guys to refute any of my observations. its a real shame Flynn continually seem to mislead the market with their operations and commentary as imo some of the ground if worked effectively, holds potential.

Cheers and good luck to holders. will be interesting watching