Ann: Quarterly Activities Report December 2023, page-4

Hi Ruau

where did I say it will.continue to be a disaster, they have restarted processing the inland strands mineralisation where they are now recovering significant amounts of ilmenite, rutile and zircon.

What is evident to me, MRC were paying out dividends rather than upgrading there mining fleet or reinvesting back into the processing facility, if the funds from the dividends could have redirected back into the company we might not have seen the issues over the past few years.

You bag Au mining and his wife, if it wasnt for their investment in the company ( along with other shareholders) MRC wouldnt exist today.