Ann: Quarterly Activities Report, page-119

Hi gamblers, I would be more worried about why it has taken nearly 2 years to have the inland strand material processed to an exeptable level in relation to the DMR requirements. I would assume bulk samples were sent to labs for tests to find the most cost effective way of removing the clay content. Maybe it was and the DMR moved the goal posts, wrong plant purchased or the onsite engineering contractors cannot rectify the problems due to not having funds or experience or both. A fleet of rigid trucks were purchased Q1 2021 so that's a big expenditure in itself just for the inland strand. Another reason I believe they wasted their money on drilling when they cannot even process what's been stockpiled or ready for mining.