Ann: Quarterly Activities Report, page-2

Not that much to discuss here.

The one of all my holdings, where the activities are really poor.

Since when we are drilling at Giro? Since 2013/14,right?

Again a big CR for 1b new shares, and we still have nothing in hand.

No DFS, no JV partner, nor an offtake, and for sure, no income from anything related to the Giro project.

What about gold selling?

Now the game starting again with diamond drilling and RC drilling to increase the resource, and pay director salaries with 7b shares on issue?!

So, I expect a split is not far away and they do it again and again........

Nothing for shareholders, as usual.

4m ounces and empty pockets, puhhh strange.

Still no dfs, which was anticipated to have when?

Two years ago? Last year?

I lost the trust completely!

Only drilling, drilling and drilling.

7 years with no success! Only to have a resource, oh wow.

My predicction in an open letter to management will be, to start with something. Partnering, searching for instos or show a sign to make a step forward.

Im invested since 5 years now, as the same stage we are now.

All my personal feeling and opinion!!!

Best

Best wishes

BEO