New Investor for Tolukuma Mine, page-26

Hi Beno77
Perhaps you would be better looking at facts that have been announced or not announced to get a clearer picture of Tolukuma EL. I'm happy to see you question a JORC resource like this one without drilling. It just doesn't happen! Drilling is coming at some time so we all will be enlightened by the results but JORC resources are announced after that. It's IMO more than 1 year away. Speculation on a resource size and grade is futile in the vein system and difficult geography IMO. Something many have not even considered is what will be the cut off grade. In layman's terms, it means, what is the minimum grade which is profitable to mine and make a profit. I think Markyboy is correct on the point that the EL will be sold if the JORC is profitable. Makes sense that it will be the mill owner. No profit sharing that way.

The market valued FNT at bare base levels on Tolukuma. Not much is going to change with that part any time soon. This new venture with rare earths has paid dividends big time so enjoy that. Concentrate on that part now.