Ann: Quarterly Activities Report, page-4

Like the steam engine that keeps chugging along.

I know we were all disappointed with lack of progress but this is a good report. Key highlights for me

1/ Granville cashflow positive to $3m+ and commencing sales in Sep Q
2/ Taronga phase 1 fully approved and contractor appointed for initial 50k mining trial
3/ Offtake negotiations for Taronga
4/ Better than expected cost profile due to owner ops
5/ Minor delay to August at Granville
7/ KPIs stated for current Q and 4.1t tin concentrate sold
8/ Committed to publishing mining production KPIs once crusher is operational

Not totally terrible PW. Onwards and upwards I say.

IMO and GLTH