Ann: RRS Gold Coast Conference Presentation June 2022, page-107

allens
I respect each individual SH decision to convert options or let them lapse. I converted options B at $0.09 which is less than current SP so I am in front. I also look at overall picture and thought that I was contributing funds to ICG coffers which enabled the BOD to implement the current drill program. The same scenario will apply to Options A. If SP is around $0.14 then I will take up the options knowing that I am helping to fund the drill program at that time. I also look at that decision as helping to protect my total investment. If I have to sell some heads or other shares then so be it. The results of 4 holes to date look promising dependent on assays. The importance of drill hole no 7
will, imo, become pivotal in the months to come.
Cheers Rob