Ann: Quarterly Activities Report - March 2023, page-7

Thanks Cranium - battery metal technologies are moving at such a pace and when I first mentioned a potential niobium play the reaction was as expected - small market -steel alloy - but lo and behold it's a new age metal which if it can increase the voltage and charge capacity and importantly the life of a battery it has huge implications. CBMM in Brazil is raking in profits of something north of USD $ 2 billion a year so if WA1 grades ultimately average several times the average grade of CBMM and it proves to be a significant resource the entire West Arunta will be an exploration hot spot.