Ann: Noosa Mining Conference - Investor Presentation, page-8

See DJ Deano spinning it like a 45 again. No question high NdPr ratio and recoveries is Gifford Ck's strength, unfortunately tonnes and cost to get it out of the ground is a weakness. Comparing the MRE of skinny high grade deposits with very large deposits with large low grade halos is an old trick. Producing an economic product is the name of the game, so it's only fair to compare mining Reserve grades with the dross cut-out , just like DRE's presso with Yin MRE @ 1% and 0.4% cut-off taking out all fenite dross (but important dross tonnes for PR hurdles).

Below from Peak giving their own spin on how to win a beauty contest... well come second in any case. And Ngualla's 40% TREO bastanaesite con is cheaper to crack-leach than monazite. Still waiting for met work on Yin-fresh ore (half the good stuff) and met work from C3 carb diamond hole CBDB002 drilled last year. Yangi Reserve mon-con higher value than Yin on account of Yangi 37% NdPr ratio is 20% higher than Yin, but Yangi con only 10% lower TREO. HAS out now trying to find a buyer of their new con-only staged development plan... suggest their success or failure will go a long way to informing DRE holders of Yin's worth.

GLTAH