Ann: Key HMS Tenements Granted & New Ground Staked in SA, page-4

We have the ground and the guy. Pro-forma PP market cap of just $3.2M (June 30, 2024 EV of < $1.5M) and a stellar team makes this an exploration punt worth taking.

Ian Warland (Principal Consultant on HMS Eromanga Basin, SA)
Geologist with over 30 years of experience in the mining industry and an impressive track record, including discovering the world-class East Eucla HM Sands Deposits for Iluka Resources (ASX: ILU), Gawler Craton, SA, currently in operation with 301 Mt @ 5.1% HM Total MRE* (depleted). Deep knowledge of the HMS industry from discovery to production. Joint recipient for “Explorer of the Year” in 2006 for the discovery of the Jacinth and Ambrosia zircon-rich mineral sand deposits.