Ann: Option agreement over Bouake Sud area, page-18

Good projects don't grow on trees. Management are invested heavily and are cautious about what they acquire and spend exploration dollars on. Most retail don't understand the exploration process. Understanding this is key to acknowledge that it takes years to find suitable projects at low / no entry cost with high potential. Tanzania was unfortunate but sovereign risk is always in play, it has costed us very little vs the potential reward. Not everything pans out as planned and management have shown how dynamic they are with all the recent acquisitions in ivory coast (over 2000sqkm amassed now). Preliminary driling is planned at K1 before wet season ends so I have no clue what you're looking at... Of course the bulk of our drilling programs will occur after wet season but to claim no work will be done imminently is false.