Ann: Satrokala Exploratory Drilling Results, page-6

I was honestly reflecting and trying to figure out if HotCopper is an echo chamber, or an emotional support group or something else yesterday.

I think it is a bit of everything.

I've been sharing my thoughts and learnings here for a few years now, but before we got to this point, we all did our own research, came to the same/similar conclusion and invested accordingly.

We've no doubt lost a few people over the years, but each person has 1000 things that influences their decisions.

I think it is natural for people to get anxiety as an important deadline approaches, especially where there has been next to zero external validation.

In our case, we’ve had the opposite with maybe 20m shares / 20% of the register turning over in the last 12 months from 2 significant holders (Stu and the other mob), and a share price that is wallowing down near all time lows.

I trust in my judgement here.

I trust in the posts, research and perspectives of each of your judgements here.

I trust in Paul and the team he has put together.

I trust in the quality of the resource, the work WAI are doing and ultimately, I trust the PFS will further validate and enhance everything we already know.

The only truly bad news we've in the last 4 years was announced yesterday.

And it came at the worst time because of how much we all see as riding on the next 3 months (or until the PFS is released).

If the same bad news was announced 3 months ago, we would have forgotten it already.

In 3 months time, when the PFS comes out and we sign a deal (hopefully a very good one after a competitive process with multiple suitors), very few people (no one) will be talking about how Satrokala - an opportunity that is probably 15 to 20 years away at least anyways - was an initial duster.

We are now working with a known quantity at Bekisopa.

The Scoping Study is the validation I needed, the PFS is the validation the partners need, and a deal is the validation the market needs.

LFG!!!