Ann: Quarterly Activities Report, page-11

Be interesting to see what happens on relist - I like what CRB has bought into - Silica sand is in demand and the capital cost to start production is in the scheme of things relatively modest - the site is also well positioned to transport and port facilities.

I am also a shareholder in VRX (a nearby neighbour) who are somewhat ahead in terms of getting themselves to a stage where they can commence production i.e. they have commenced the EPA approvals process, entered into offtake negotiations and forwarded samples, commissioned preliminary plant design etc.

I am happy to sit and see what happens with CRB though it is likely to be quite a few years and probably at the very least 1 CR before CRB gets anywhere near production.