Ann: Majestic Resource Growth and Works Approval Granted, page-7

BC8 resource upgrade was only held back because of the labs via covid. Broker mate reckons companies have had difficulty getting 24 hour drill shifts because of labour shortages. They have plenty of holes in there and they would have had plenty more without the universal covid delays. Under normal circumstances, we could have expected a number at least 130k higher than the previous one if you look at their track record and the grade at Majestic. That means closer to 1.370m ounces. That sort of tells me that's in the bag in due course. I see bc8 at 2m ounce plus and if we could get a clear go at the deposits with more rigs, it would happen much quicker than this. I think the industry is awaiting the Emperor of WA to open the great wall in due course. Then we will see more drillings, geo's, specialists, engineers fly in. Might be good timing when they hit the green button once and for all. Not long now.