Ann: Wickepin Kaolin Project Ore Reserve More then Doubles, page-19

Just had a nice brief chat with Andrew myself. The delays are due to technical issues within the plant- their 2-stage separator system has not been working for the finer-grade products and they're in the process of fixing it/may need to order some new equipment. Nonetheless, they are seeing week-on-week improvements and are confident that the Stanco funding will cover them for their delays in becoming cash flow positive. Obviously a bit of a shame but I am very appreciative that I was able to have a chat with Andrew and can tell he is as disappointed in the delays as we are. I see a very bright future ahead with Andrew at the lead once we get through this annoying interruption. Look forward to seeing the FY24 Q1 report on 30th of this month.