Aussie $ Impact, page-8

Company’s future

We have a strong focus on the identification and assessment of new opportunities that can add value to the shareholders of Gindalbie.

The board currently has a preference for a staged entry into post scoping stage projects with potential for commercialisation through sale, JV or development within an 18 to 48 month period.

A number of projects are currently under evaluation and progressing through due diligence stages.

Gindalbie has the capacity to act with $39m cash to deploy.

We remain committed to assisting Ansteel in relation to Karara and its mining and processing operations.