Ann: Letter to Shareholders, page-34

Hello ROBLUN.

MTJV has been in a holding pattern for > 12 months as GAL has looked to explore it's leases in other directions.

GAL focus is now south of MTJV & I think that they will find what you have always believed being continuity of mineralization at depth that must also be present on MTJV leases.

If so, then I am sure that both GSR and CNJ will be in play or an offer will be made for the MTJV leases (by GAL or IGO or another).

The onus is on both boards to maximise value for ALL shareholders and shareholders need to be kept informed of the status of their investment and this is where GSR and CNJ have failed with respect to MTJV.

ROBLUN, I appreciate the great work of LKI and others and your observations.