Ann: Diggers & Dealers Mining Forum Presentation, page-3

Fantastic presentation as always, One would think we are in talks with regards to acquiring satellite deposits based on the way he continues to mention it.

Now we are cash flow positive, Running at full capacity but based on my breakdown of the last 3 presentations we will be aiming for 2.8mtpa before they release full commercial production. Also David is keeping this quarters gold production close to his chest to date. I think he wants to blow us away with the next quarterly for our first full month of production.

David is also very very set in his multiple project major WA gold mining attitude and I believe he is the right man’s to get us to that status!

Calidus is in a very comfortable position with extreme growth and business expansion potential, Buckle up!