Ann: Change of Director's Interest Notice - BB, page-3

These 3 million Share/Option (ZERO COST - Value ~ $240K) Allocation are on top of:

https://announcements.asx.com.au/asxpdf/20200207/pdf/44dx8qvl962nxd.pdf or

https://indianaresources.com.au/wp-content/uploads/2020/02/20200207-IDA-Board-Changes-REVISED.pdf

This is an ASX Announcement Dated 7 February 2020 - Interesting

Look on page 3 of ASX Announcement or Page 4 of the IDA web page :

1.5% Cash Bonus, CALCULATED from the Tanzania "Settlement Amount (exclusive of all fees paid). Does this mean 1.5% of ~ US$120 Million?

Lots of goodies are being paid - Double Dipping?

In the EGM Notice of last year there was NO REFFERANCE TO THIS 1.5% Bonus! I think it is "Material" and should have been put into the Notice of Meeting.

LETS HOPE THE CURRENT INDIANA BOARD IS FULLY INFORMED.