Ann: Extension of SPP, page-24

I would like to clarify that in above last sentence 'CR1's Prospectus which showed
historical drilling outcomes there....', there did't mean inside of our tenement E63/1282 but 'in the region'. If any company(ies) 2nd AON and/or CR1 ever drilled there, not yet disclosed its outcomes.

It seems according to ecent other FR players activity announcements, even if it is too early to reach any conclusion, their announcements were not impressive.

Apart from them, I firmly believe that our stands are quite different from others as we have impressive outstanding previous drilling outcomes at Plato.

Please refer to ENT's old announcement at 19/05/2914 'Magmatic Nickel Sulphide at Plato in FR' especially photos at p4, disseminated nickel sulphides at PLRC0003 337.4m downhole Niton XRF on sulphides: 5.5% Ni 1.5%Cu.

From my understanding, SIR's Nova's initial drill core photoes showed very similar nickel sulphides to our ones and renown researcher CSA Global proved that our nickel sulphides and rocks were same (origination) as Nova's ones. And this is why then company MD Dermot said 'Quantum Leap in terms of Prospectivity'.

Regards,