Ann: Announcement - Execution of Term Sheet for purchase of TTR, page-4

An under sea Iron sands mining operation in NZ... using a technology refined by DeBeers in Namibia?.... seriously.... where did this one come from?!?

A desire to 'diversify' I understand, but the current investor base is here for the silver story. I would have been thinking perhaps another local ore deposit, perhaps some more gold? But this one really changes that narrative. I have little to no idea about this type of Iron (I only know about Iron Ore) or those other minerals.... this will require a bit of homework prior to a decision.

But remember, Dennis holds the most cards here.... as he has the majority of MKR shares, not sure exactly how many at the moment, but it might already be a fait accompli.