Ann: Murraydium Ionic Clay Hosted REE Project Drilling Approval, page-20

I am confident that this rare-earth spec is an extremely sound investment. Our Gascoyne tenements sandwich the massive Hastings TREO project and in similar geology that is also being exploited by Dreadnought a little further to the southwest. We already know from March that a significant number of rock chip assays returned the most sought-after of the rare earth metals - the heavy magnet minerals - and at grades as equally respectable as Hastings.

If the promise of the Gascoyne project was not enough, we have just had an announcement that we have been granted approval to begin drilling our Koppamurra ionic clay TREO tenements in SA. To have a potential ionic clay resource of 39.9 Mt @ 725 ppm TREO to be explored along with the ironstone source of the Gascoyne tenements, the tenements that really excite me due to their geology and nearology, just makes this a no-brainer IMO.

The price has been a victim of the short-sighted small-cap critical metals slaughter and I would happily buy more but have already loaded up. As a spec play this looks like a very sound investment. Ignore the so-called holders trying to get the share price down even further. I will be holding here until I am presented with a very strong reason not to. All in my opinion but this investment feels so on the money.