Ann: Key Project Work Gathers Momentum to Inform Feasibility, page-21

Yes always a concern when raising capital the SP drops to CR price .. as you can only purchase $30k max maybe some Holders and non Holders see great value at these high 7's 8c levels and upside once CR is done SP moves back to 10c+ and we can move onto>>>>

• Advance resource model confidence towards “indicated” status using a local XRF data set;

• Review historic aeromagnetic data through the lens of new technologies and interpretative models
to demonstrate depth and strike extent for further resource growth;

• Further develop the flotation processing step aimed at optimising waste rejection from the ore feed
and maximising concentration of valuable contained metal as feed into Podium’s leach process;

• Continue to optimise the metallurgical leach circuit, aimed at maximising metal recoveries whilst
reducing operating cost parameters, targeting the definition of the preferred processing pathway
and the production of high-grade PGM products; and

• Define target PGM metal product specifications to enable initial marketing discussions with
international PGM refineries and end-use customers.