Ann: Alpaca Hill Drilling Update and Frontier Reconnaissance, page-17

We have trillions of tonnes of magnetite in WA which will never be mined. The Peko tailings are not only a product that has been finely ground but the pyrite has good grades of Au -some Cu and Co all recovered by the offtake partner as credits -they are getting the magnetite for nothing and its only 10 km from rail. It's all lithium mate - and if Goldman Sachs are right -which they never are - we are all cooked - but I know you old stale bulls will keep dreaming of riches on the Barkly . I hope you are right