Ann: FYI HPA Pilot Plant Trial Delivers, page-54

Didnt really want to look at the shareprice today. Although it was a great open - had a gut feel it was going to get sold down badly and it did.

Anyway, to put things into perspective - here's a list of Kaolin/HPA players and their market caps at close of business today. Our main competitors are A4N and ATC. SUV who have just started drilling is nearly double our cap now and KRR who have been trying to finalise their DFS for the past 1 year are an incredible $45m cap.

ADN $314m
A4N $200m
AXE $110m
SUV $63m
ATC $45m
KRR $45m
FYI $38m
PM1 $36m

Overall a bad day to be complaining but Roly needs to get some support from Insto's or sticky holders at current levels. Let's revisit where we are after the lab results come back.