Ann: Corporate Update, page-24

Maclead - thank you for explanation!

1. Ok, understand this as there was only one ASX Ann in Dec 2016 and it said nothing. Are you able to post on HC the con note offer that lapsed in June 2017 ? Has the con note's time period expired ?

2. So what different has new Directors excluding Tasker done then ? Interesting you say Tasker is fringe player as he signs the ASX Ann's and IMO has no relevant mining experience to locate mining project or raise funds !

3. So the founder of IGS TS has abandoned the company IYO ? I question this as IMO acting as Ghost Director ! Please explain adverse litigation is about to destroy IGS and by who ? I have seen no ASX Ann about this - how's that for disclosure.

4. Ok.

Current assets IMO let's say IGS (ASX shell ? A$2 m) plus shares Santa Fe (?A$900k). These figures would be very lucky to achieve, however even if con note holders have priority then SH end up with A$0. Time to wind up IGS for SH tax loss I think !!

IMO - no confidence in Tasker whatsoever !!