Ann: Franklyn Kaolin-Halloysite Prospect Reveals REE Potential, page-3

Oh wow, submitted old samples from another tenement and discover thick at surface mineralisation at very solid grading.

They're certainly building a large resource across their tenement packages. And again unlike the others they are as thick (or thicker) than they are deep at a grade which IMHO makes it viable from a mined/t perspective.

Met work has confirmed ionic material on some of the tenements with the rest to be confirmed which again, has not been done by many others. Now hopefully get some further results on that as well as the PH1-2 leach results as well knowing that it does leach in areas at ph4.

Kaolin/Halloysite as a by-product or vice versa makes this quite attractive.

Oh and a graphite project with processing licence and mining licence and met work showing resource is amenable for spherical graphite located just north of RNU.

Think this company has excellent RvR - just about positioning now i think given the low SOI has the potential to be a bit volatile - but good value compared to peers. Miles ahead of them and more viable in the REO space and graphite looks more advanced as well with met work mostly confirmatory and a re-jig of the SS due end of the year.

SF2TH