Ann: Morabisi Q&A - Amended, page-3

Ive just been looking at another ASX listed CO, CXX, that were about to start mining niobium in Tanzania, the first in 40 years, when the government decided it wanted 16% of all mines! They were in the middle of a take over bid when it happened if you don't mind that had been recommended by the board, sp from 33c to 12c. They had about 6x less shares on issue than us but it does show the potential of the niobium. They were going to produce the niobium in its final form ready for the steel works. I have only skim read through some of their announcements and quarterlies but their niobium is from the same columbite, what ever that is, as ours but their concentrations are at or under 1%. DB