Ann: A238 Assay Results and Exploration Update, W, page-2

re: Ann: A238 Assay Results and Exploration U... Having given this a quick read, my first impressions:

Firstly, overall good information flow coming from the previous drill program & this announcement is well worded & structured.

The 17 drill results are again mostly not in or around the thick central ore body (except for one). That one core has returned about 57m of intercepts at OK grades including 45m at just under 300 PPM which I interpret as a very good intercept.

The remaining drills all look OK given their locations there are plenty of intercepts, many at lowish grades (under 150 PPM) whilst many are also above this number.

The REE announcement shows another balls-up by FTE but this time holders actually get to benefit from it! It's a long story but the REE results are in fact better than previously reported and this must also be good news.

Overall this announcement looks positive, but we still need more drill results from that central ore body before we can claim A238 to be a winner.