Ann: Quarterly Activities and Cashflow Report, page-43

I see your words are being twisted and contorted.

Yes, I see where you are going with this. It's highly likely it will be years before there is any significant development work at Redmoor taking place.

Drilling, scoping study, community engagement, PFS / BFS / DFS etc etc. There is still lots of work for 2 small companies with minimal resources and money to do before they will be able to convince anyone that it is a viable resource worth investing in to bring to production. Maybe our major holder has a different plan but that would only be speculation.

We'd need to improve our progress rate dramatically beyond what it is now if we are to see any development within 5 years imo, providing it's viable of course.