Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7

I'd agree Kessel. They are not serious with Polymetallica either. To let the only 3 tenements expire when that was bulk of the asset securing the $1m loan to KOR is sloppy, and shows no work being done on the asset. Funny though they pegged so many tenements over it, most ground was pegged twice or in triplicate. Had to make it look good for auditors, but they went a whole financial year with no granted tenure. Can't see how that secures that loan??? Only other asset is uranium rights at Batchelor, and that is back to drones finding outcrops and grass roots exploration, so potential only.