Ann: HORN ISLAND SCOPING STUDY AND MRE, page-25

So what the f happens now........

Great we've ticked the scoping study box, which in all all fairness seems promising, just the resource size is the same as 2 years ago virtually and I haven't been able to find it so its only a hunch atm but i think all we have done is lower the cut-off grade from .5 to .4 to give us the extra 32k oz. (I could be wrong but it seems like f all of the drilling went into to grow that resource.)

Anyway now the price has gone down and we have f all money left especially with australia's biggest director fees for a 15mil cap company coming out what do we do? Do we go to PFS or DFS or something, or do we do more drilling in 2023 by the time these clowns can organise it, to try to grow the resource after all SBM did have Horn earmarked for 1-2mil oz. What's the plan with a CR in Jan / Feb .06 of a cent especially after the big Xmas party do that tubby and his gimp will have?

Are we still keeping these clowns? Seriously zero achieved in 2 years despite all the promising positions but cant organise a drill program in Mendooran, can't drill to the right depth for Boda, cant get any drilling to grow the resource in Horn Is.

Would love to see how the votes are tracking, cant we bring in a proper director who is a geologist for we can get rid of the old one hit wonder consultant and get someone who knows how to progress a project rather than an investor relations specialist who wouldnt know how to deal with investors if it bit him on his ever increasing behind.

FFS, such a disaster today, sorry for all holders except the tubby one who is responsible for this debacle.