Ann: Quarterly Activities Report - March 2024, page-2

You can tell they're happy with the current situation/cash as I can't remember them ever lodging the quarterlies early!


Good to see over $4M cash at the end of the quarter (bit more than I thought they'd have).






Looks like we'll get an announcement on Myall shortly re; what/where they're drilling - MAG/FMG Exploration Committee formed during the quarter and finalising the program:






Exploration (close to end of quarter) restarted at Wellington North project, starting off at Boda Southwest:






They've also (a bit) surprisingly already started reviewing targets at the Parkes project too and will commence exploration there next quarter:






And another surprising one is that Adam has kept his salary reduced by $25,000, even though they have plenty of cash now:






Feels a bit like a different company (lodging quarterlies early, cashed up, MD voluntarily reducing salary, operating jointly with a Major miner, exploring over 3 projects simultaneously..).


Cheers,

GB.