general meeting notes, page-6

"We are on the brink of greatness", run that through your head with a broad Scottish accent and a rolling "R" on the word greatness.! That was one of my highlights from a very pleasant and entertaining meeting with Alistair, the company and a small group of shareholders.

As barrabob is definately not rabboth, not the asian guy(Im pretty sure), not the young bloke by himself(Im betting), not the Shaws guy and not me, he must have been one of the two funky dressed guys who at first I thought were the Farris bros of INXS fame! I thought cool, we have some rock star investors, even Alistair asked me do you know who the guy with the hat and the other one over there are!?

Anyway cool threads guys and good to see you there. I myself had to dress up formally, rabooth gave me such a ribbing for the my last effort(shorts and sandels).

You should have hung near the bar afterwards like rab and I, not only was it easier to schmooze free drinks but its easier to eavesdrop. Not that we heard anything that could excite us any more than what we heard upstairs.

To read between some lines AHs comment about our recent results from the Northern zone about reading them again. Pretty simple read them again.

I think the Niobium and phosphate results are sensational and the fact we have good REE grades in the north show great potential for REE mineral extension. It seems many in the market may have missed the highly commercial grades of mixed minerals and the extension of REEs that these results show.

I asked a question on shimmers behalf(he didnt ask me to) pretty much asking AH of the various minerals( I listed half a dozen randon ones we have) which is it that you ATM see huge potential in. He said more or less " well there are several of them for example we have large amounts of Neodymium which is getting very high prices"

AH singled out the guy from Shaws for a special thanks. Its easy for some to be critical of all brokers but AH pointed out these guys (Shaws), were supporting us when we needed to raise money and we needed backing at a SP of 2 cents. Without Shaws back then we may have been an also ran was more or less the comment.

Later on at the bar asking the man from Shaws what he thought the potential of PEK was he said "well dollars". He mentioned "look at all the other REE companies website and compare to PEK". PEK have results from every single Ngualla hole they have ever drilled up there. There are very few companies from around the world that have that. Very many do not show the data. PEK has always been very open about everything.

Alistair (backtracking here, when he raised GGs post on Ngualla) I kind of clenched thinking what is he going to say, after the very naughty bit, he said he has done a hell of a lot of work and we looked at it and thought he has done a very good job here. So without saying GGs numbers are pretty on the money... well you work it out, he was saying GG was naughty not neurotic.

I personally(me Tretch) thought GG was as close to the money someone ouside the company could be. Now Im sure of it, regarding what we have insitu at Ngualla.

Will write a bit more later. Dinner time.

Tretch