Ann: Response to ASX Appendix 5B Query, page-6

a. the Company enjoys the support of its major shareholders (including major
shareholders who are controlled by directors of the Company) and of a number
of brokerages each of whom will likely support the Company with its future
capital raising initiatives. Furthermore, the Company has sufficient placement
capacity under Listing Rules 7.1 and 7.1A to conduct an equity raising in the
near term should it decide to;

d. as noted in the Company's ASX announcement dated 22 January 2024, the
Company is also progressing discussions with local, state and federal
agencies in the US with regards to implementing a rare earths exploration
program and is pursuing opportunities to secure non-dilutive funding for the
project.

glall
please DYOR