Ann: Entitlement offer to raise up to $7.62 million, page-23

Part of the cash raise is being used to accelerate detailed metallurgical test work. Given this I suspect metallurgical test work results for PFS are very positive. The next phase of drilling is specifically high confidence drilling which will increase the resource further and add further deeper ounces per meter (already outstanding). IMO The PFS will be very positive and in the further 4-5 months the greater potential size revealed along with excellent detailed metallurgy. Given the clear direction I suspect a DFS in 12 months unless there is a takeover attempt beforehand, given the numbers soon to be revealed.