Ann: Phase 2 Metallurgical Testing Underway Narraburra Rare Earth, page-6

I'm just hoping we can make some solid progress before another CR is required. I think it's do-able. While you're right to say $2.5M won't go far, I think it should be more than enough of a cash runway to get us to the upgraded Narraburra MRE (and a possible re-rate if the results are strong) so long as GRL sticks to its stated timeline this time (unlike the timelines contained in the last two presentations). We can't afford more delays; we need to get the Narraburra in-fill drilling completed and upgrade the MRE.

BTW, let's hope that 2024 brings improved market sentiment. Currently, small cap resource stocks are being pummeled across the board (with some exceptions). It's been two years of unrelenting headwinds for small cap resource stocks. A tailwind would be nice for a change.