Ann: Quarterly Activities and Cashflow Report , page-23

MAG is no good. its project is low grade carnallite requiring solution mining

the ELM project is infinitely superior, being super high grade sylvinite using conventional mining

on a scale of 1 to 10, ELM rates a 10 in terms of grade, depth & purity of potash

Canadian mines would rate an 8.5

MAG would rate a 2

i sense big players are still attracted to Canada as the expertise, history & basic infrastructure is there for potash

but ELM's project is incredible, with less depth, purer product & super high grades

personally, i struggle to comprehend why ELM is dragging on as it is doing

regards