Ann: Response to ASX Price and Volume Query, page-6

Sei I was part of the placement and extremely positive as it could get to mining by this year. The quarry is critical and room for significant resource upgrade with exploration. Tgn has had an exceptional run, exception resource size and grade and it has molybdenum. It’s also made a few prudent moves from a business perspective an example being there transaction with Pilbara. Imo the pick of the buch but is also not cheap now.
Sei is a dark horse. Once we get the March quarry business sorted this will be significantly rerated - I would expect the transaction to be on the form of shares and cash - providedall goes smoothly from just a tungsten perspective it will move. There is another which at the moment is not talked about as it is distracted pissfarting around with an artisanal gold play. It has done its dfs and and has a mining lease, though unlike sei, it has to build its mine and in the process of offtakes to then progress to non equity finance - vml. In regards to sri we also have salars plays upcoming. In April may I expect our sp to be in new highs providing Tungsten price remains and we complete our quarry transaction and update the market on engineering and exploration. Mate I think there is still some opportunity in this sector , like there was in the others. The best stocks make a move -tgn is now 11 x the mc of sei. It has a significant resource unlike sei with credits. As it becomes expensive, the markets seeks the next best. So as you can c I am extremely bullish on the sector and on these stocks.