Ann: Final Director's Interest Notice, page-3

hi Seth,

What's your thoughts on the short to medium term here?

Allan has lead the charge before for ADD and did a good job. So, I see him taking over as a good sign.

Recently a Japanese group invested into the Kabanga project with Lifezone/BHP. I thought this was good news to share to the ADD shareholders but company was quiet on it. A good sign for ADD's project there I think, but patience required in the nickel cycle?

Eric Sprott bought into PEN, an ASX listed uranium company with a US based project. Sprott is a contrarian investor so to see him invest into PEN now show's where he sees the U price at the moment, though it's most likely more about PEN about to become a producer early next year and possibly receiving US government support/contracts. Either way, I see this as positive for ADD with its uranium exploration...just need to find some!

My worries..... over a billion shares on issue now. How under control is the ADD share register? Company communication to its shareholders has at times been lacking a little in regards to broader communication, but DR was always approachable as Allan has been already. Would be nice to have a tighter register!
Funding - raising money down here gets a bit scary with already a billion SOI. But if the projects can be attractive enough to well heeled partners that could work..but plenty of work to do here I think? And still have some con notes hanging around...

You most likely know this stuff, but just outlining my positives and what could hold us back. I hung on here long after I should have cut my losses....but now that I am here....I'm looking for the light at the end of the tunnel......there's a tiny bit of sunshine pocking through at the moment in my mind...