Ann: Grant of Core Tenement & Project Update, page-9

My risk assessment of DKO has improved considerably today on the back of the neighbours news.
There are big players moving into Pilangoora.
I see it as substantial improvement for the risk/reward of both DKO and MCT.
Both have some known pegamatites containing spodumene.
Neither yet have a resource but drilling is imminent.
Nether yet have a drilling results that prove sufficient resource to justify a mine.
Both now have other possibilities that insufficient resource does not mean such resource is of no commercial value.

We need approximately 20Mt for a commercial mine.
With the new and huge players moving into AJM should they have other options.
It's been a great month for Pilangoora imo

All imo ONLY !!!!