Ann: Updated Resource with Substantial Indicated Classification, page-43

Sorry but to raise $25M to $35M without a Scoping Study is illogical.

I have been 100% correct for months; which was affirmed by the ASX; who blocked the release of the Scoping Study.

To believe $35M on a penny dreadful can be raised without a Scoping Study and with an Indicated JORC that has significantly lower grade than the Inferred JORC is illogical.

I imagine the Indicated JORC (with 9.1% zinc equivalent) must be used for the Scoping Study therefore referring to Resource Estimates of 13.4% zinc equivalent appears pointless to me.

The drill results actually announced appeared very mixed or inconsistent to me. The deposit is obviously quite varied in its nature. At least, for me, the drill results did not match the "world class" calls.