Ann: Lyons REE Drill Program Completed, page-25

That was an interesting read especially what may be interpreted between the lines.

Brian Thomas's comments were about as positive as can be without going into details which may be misinterpreted. I think there are 2 possibilities at play here. 1) He is full of BS and is trying to ramp this for some reason, or 2) He is genuine in his potentially positive assessment. IMO it is the former of the 2 options because he would otherwise look very stupid and untrustworthy.

I know that its hard to determine REE grades just from visuals, but he has the benefit of hindsight from observations from earlier drills. This is a huge advantage but still speculative. Hopefully they have found some decent thicknesses this time.

What really stood out for me was the mention of a potential breakthrough discovery. IMO more of the same REE intersections and perhaps thicker sections IMO does not constitute a breakthrough discovery because LNR's drills are really just extensions on what HAS has 4 kms away. Its not such a big deal. HAS made the breakthrough discovery. DRE have made theirs further away.

I think Brian is alluding to something new and the only new part LNR have is testing the rims of the carbonatite intrusives. 2 x 450m holes on 2 intrusives. IMO this could have the most upside for LNR.