Hi alwayshopeful. If I was a VAN holder I would approach the...

Hi alwayshopeful. If I was a VAN holder I would approach the Company directly with the following questions.

• Under what terms are they planning to undertake the necessary capital raise
• What will the funds be used for (eg K2, K1, Trident or debt reduction with DAU and other financiers)
• Are they planning on developing K2 or will their focus be on early revenue from Trident

For further information, please contact: Ian Morgan Company Secretary Tel: +61 2 8278‐9942 Email: [email protected]

I agree with you fully alwayshopeful, VAN holds a tangible and profitable asset at Plutonic Dome. IMO, if funds can be secured, under good terms, and applied to progressing Trident into production VAN could be on a real winner. K2 development could come later (seems too hard at the moment). I wouldn't minimise the comments made by KBN either. There is wisdom in what he says. All the best to VAN holders. There is great potential here for you and I do genuinely hope your Management can deliver a clear and honest path ahead to realise your asset. Cheers, E.