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

Long term holder from the start.

Some of my observations;

1. Woyla - agree with comments, last drills the most promising, but as of yet require more strike depth & length for it to be feasible.
2. Trenga - it appears only $0.5m of the $4.0m earmarked from last raise has been spent. Very interested to see further drilling of Trenga which I thought already had an inferred resource of 1mt Cu?
3. Cash forecast - query if the restrain on spending on Trenga is project timeline related (assays, other), or a strategic delay by management to extend the cash runway into H1 of FY24. If it is the latter, that could be a smart move. Waiting for interest rates to commence dropping, & equity markets to improve?