Ann: Change of directors interest notice, page-11

Is Gina part of the problem?

She not particularly interested in fireworks. Happy to have assets under the radar until finally acquired?

Gina R was happy to hold and was funding exploration even until the purchase of Henty- and would have continued to fund exploration for equity as I understood it.

Now Catalyst easily is making over $20 million pa profits even with extensive exploration schedules in Tasmania and Victoria.
CYL can plough income / profits from Henty back into resource building at Henty and mainly further discovery and final mining decisions at Bendigo.

This has to ‘give’.

CYL has to be in a much loftier position than here in 12 mths time!