Ann: Quarterly Activities and Cash Flow Reports, page-6

Cash balance at the end of December is $1.8 million,
which includes $0.04 million held on behalf of the Company’s Joint Ventures.
• The reported cash balance does not include exploration expenditure incurred on behalf of the Mount Isa East Joint Venture in December.

An invoice of ~$342k has since been submitted to the MIEJV.

• Research & Development Tax Refund submission being finalised with returns due during the coming quarter.

The refund in 2023 was $1.1 million.

• Through historical transactions, the Company holds investments in three junior exploration companies with a valuation of ~A$175,000 at the end of December.