Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5

860k spent this 1/4
640k on exploration/evaluation.
staff cost 126k
admin 96k
cash remaining 2.28m
True explorer with cash going directly into exploration- not many explorers can say that.
Next door to Carasue dam mill.
Andrew providing his personal Diamond drill rig to company free (running cost only) and OZM operating it = 1/2 price DD in a time when others can't access a rig also OZM have flexibility to stop or extend holes when required.
RC awaiting assay results on the new structural geos targets aiming for high grade and extensions.
DD restarts drilling mid feb.
MRE coming this 1/4.
Excellent recoveries from Met test (CIP testwork conds).
More broad hits to add to the 73m @ 1.3gt with 33m at +1gt higher.