BMX and APG

Below extract is from BMX announcement re way forward with Gingko deposit in Murray Basin:

"The altered ilmenite fraction will be treated in a roasting and magnetic separation circuit to reduce the
contained Cr203 (chrome oxide) in order to produce a suitable feedstock for the chloride route Of T i 4
pigment production.

The roasted ilmenite will be passed over magnetic separators to recover a
saleable altered Ilmenite product and a reject fraction containing most of the deleterious chrome
bearing minerals.

Roasting of ilmenite Is a proven technology as it has been used by Richards Bay Minerals (“RBM) in
South Africa for over 20 years. Similar process technology and equipment as used by RBM will be
used at Ginkgo,"

Questions -

1. I thought BMX had licenced APG technology - no mention in above.

2. I thought APG technology was the only one able to remove/reduce high chrome levels - not necessarily so??

Comments and advise pls.

ob2 - one increasingly sad APG holder.