Ann: ABX Achieves 20Mt REE Resource Milestone, page-7

This upgrade from 13mt to 21mt was based on 30 of 66 completed drill holes. So we are still waiting on the results of 36 holes, which we should have in another month or so. It seems logical that those 36 holes will take us from 21mt to around 30mt. And they may have continued drilling, I'm not sure. They were drilling as much as possible in summer/autumn before winter arrives when the ground in Tassie gets very hard and makes drilling very difficult. They will wait until all results from the current drilling campaign are in and then I expect they'll issue a feasibility study which should be very interesting indeed. ABX have been going to some effort to educate investors on the importance of pH levels and desorbable grade to show their Tasmanian deposit is economic. These are new concepts to most investors. Compare this to AR3, who never mention either factor. I wouldn't think that bodes well for AR3 shareholders.