Ann: Quarterly Activities Report, page-8

Ive had a good run with this mob for the most part. So I will try to provide some balance. Barrel you cant bemoan high corporate costs, the discount to NTA, the daughters being hungry and simultanously chew management out for not listing more daughter companies and biting off more expensive exploration. That just defies any and all logic.

They are not listing more companies right now probably for a number of reasons. Like they are busy as hell on SOLG IRR ANW AJQ and DHR. Like seriously busy with driĺl programs and resource definition on all of those projects. The market is tepid, the cycle is just not right, and there will be no shortage of newsflow on the horizon.

We could see a rerate at all companies soon. Very possible imo. I could provide serious catalysts for every single company. Every company and Im not kidding.

It is taking longer than we hoped but if we see just one catalyst come to fruition we are off and racing. Thats when you ipo Auburn et al. Offer a discount to loyal DGR holders post a significant price rise, offer slightly better deal for Tribecca, and sprinkle the remains to retailers on the asx. Spruik the hell out of it and off we go.

SOLG 50-50 J.V with a major and we keep the expl, hence cash. IRR major lithium find, DHR payout, DHR lithium, SOLG expl, AJQ discovery and debt reduction, ANW expl success on Taronga Or Mt Cobalt... or any number of combinations of other catalysts not mentioned.

The daughters are cheap, but this is about to change