Ann: Cobar District Exploration Update, page-13

Hi LOC,
I've looked back through announcements. I'm pretty sure somewhere I've seen a diagram of the decline at Great Cobar but can't find it. The announcement of 29/3/2022 stated the decline was to commence in July 2022 with first predicted production in late CY 2023. Then I know we paused cos of funds. Since Clifford left things must have moved forward. P 19 of the Annual Report of 2023 states "Aurelia has prioritized the development of the Federation Project and intends to commence mining activities at Great Cobar after Federation starts production". There is a photo somewhere that I've recently seen of the mine entrance at Great Cobar showing quite a bit of work has been done there. There hasn't been much focus on G C with all the focus on Federation, but from the Annual report released last year Great Cobar must follow Federation within a fairly short timeframe. Hopefully we get more info on this in the not too distant future. I hope this helps although I haven't given you a definitive answer.