Ann: Appendix 2A - Exercise of options, page-31

Now then, just a cotton-picking moment here, fellas. Mandrake have two small tenements - one in WA, the other in NT. You can hardly say they're stretched. They've got $4.6 million in cash which is earning I'm guessing about 1.5% interest and paying not much more than directors' salaries and tenement rents, which should really be being spent on the ground. They've been saying drilling will start in March 2021 since early January. And they also said they'd be soil sampling in the NT during March with follow-up drilling in April / May (March 2021 Presentation).

Now, has any of this actually happened yet, and is it still on track to happen? Nobody knows.... Some shareholders might think there is no obligation to provide an update for a blown-out schedule, but others have a different opinion. Just get the drill rig out there and get the bit turning to the right.