David Hammond

I will keep this brief, but I think that these being his last couple of day's with Pensana, Dave merits a vote of appreciation from all of our Shareholders:

I sincerely thank you for the time, effort and your exemplarily input into the successful development of the Longonjo and Coola exploration projects: Sad to see you go, but understand that "variety is the spice of life" and that there is a whole World out there to explore.

Wishing you well and all the best for the future in whatever you choose to do next,

If you are ever in Australia, I would be honored to buy you a beer or two, stay in touch.

Hip Hip.....