Ann: AGM Presentation, page-4

Who is going and put Sam on the spot with the tough questions? I can't make it.

You want answers to these, they need to be asked where you can see his response, see his body language.

Discussions have been continuing for 4 years now, nothing has changed guys, it's just more ho hum. Oh except performance targets have dropped, yes there is that.

1. Why is the performance bonus set so low.
2. When Sam said patient shareholders, will be rewarded, what did he mean and what was his timeframe?
3. When Sam said funding for the project is concluding, when does Sam anticipate the current round of negotiations to actually conclude?
4. The company has stated for the last few years that many different companies have shown interest in SRL but we are yet to sign a deal. Of some of the companies that no longer are interested in SRL, why did they choose not to invest, has the company changed it's tactic or are we offering the same deal we've always offered, if so why no change of strategy?
5. It was recently stated in an article that the company would take 3-4 years after starting construction to produce it's first metals, does the board agree with this or do they have a longer or shorter timeframe.
6. Sam you recently said in an interview the resource is already at a 50 year mine life and there isn't really any point drilling any more, yet that is exactly what is happening? Why is the company going against your own online advice? What is the point of this drilling campaign?
7. Sam were you surprised with the recent QPM deal securing 16000 tons of nickle and x amount of tons of cobalt for 70 million dollars, does this concern you that miners appear to be meeting clients alot more readily than our stance of "you will buy our product for cost, or we will short your company?
8. Does Bob still stand by his comments about shorting Tesla and when does he expect Tesla to go bankrupt? Would he consider publicly apologising for that statement to try and build a bridge?