Ann: Chairman's Address to AGM, page-2

As I expected no indication on when production will recommence and again thinking it maybe in the new year.

Noted "The Company needs to secure sufficient funding to enable the restart of operations" question is how much and how will this be done?

Mention of the nuggety nature of the OC deposit, that would explain why the current resource estimate comes in with relatively low average grade. Will be interesting to see what the average grade is once that ore is put through the mill.

Hoping to get some feed back on what was asked and said at the AGM