Ann: Exceptional Historical Drill Results at Tundulu, page-15

Hello. All they attempted to say in comparison to Mt Weld was the undesirable toxic impurities of thorium & uranium. The announcement said:

The mineralisation is high in valuable MREEs and appears to contain low measurable radioactive uranium (U) and thorium (Th). An initial indication verified by the historic drill assay results is shown in Table 3. Taking into account all the significant intersections listed in the table, a weighted average grade of 123.5ppm Th and 18.7ppm U can be determined for the mineralisation and considered non-naturally occurring radioactive materials (non-NORM). This compares favourably to Lynas Rare Earths’ Mount Weld Central Lanthanide Deposit where Th and U concentrations in the ore are approximately 660 ppm and 25 ppm respectively

The issue with above comparison is Mt Weld was 8 to 10 times the grade of REE.

Compare to PEK, which says: The weathered bastnaesite mineralisation contains very low levels of uranium (U) and thorium (Th) compared with other rare earth deposits, averaging 15 ppm U and 53 ppm Th.