Ann: Stallion Phase 2 drilling is scheduled for mid-May, page-13

I hold heads and oppies and don't see any reason to sell the options at this stage, we have 2 years for something to eventuate to push it above 25c. Like you said, it will be easy for the company to move up to around 20M MC as there are plenty of companies sitting at that with not much more on offer than what we have now. The market capitalisation targets I mentioned are only early stage targets. If they prove up ionic clay and drill out a decent resource, then can be 100M+ MC and beyond in my opinion. Anything is possible with a decent discovery but its all speculation at the moment. WA1 is another REE play that has done well over the last 6 months, unfortunately I was late to that one and dont hold. I just use other companies as reference points for what may come.