Dear Asimwe, page-6

I refer you to the 1st December 2023 announcement which provides an update on what is expected over the next three months. In summary:....

Stage 3 drilling assays to define Indicative Resource

Mine geotechnical study program

Civil works contract to be issued

Mine design and mine schedule to be released

Feasibility Study to be released

Await approval of Water Extraction Licence

Project funding negotiations in progress

Offtake agreements in progress

Updated Resource Statement due

Material scheduling update in progress

Quotation for plant and infrastructure in progress

Assessment of trial mining

Drill program for open pit design to be conducted


Note that the Lindian Team has been operating full steam ahead with the Kangankunde Mine development.

We are also expecting news ( Feasibility Study, funding etc ) on the bauxite front at any time. All the information you are seeking can be found in the company announcements and videos. I anticipate as milestones are achieved that the shareprice will improve.