Ann: Appendix 3B, page-94

Once again I think this is premature. I can't see any spin off or other development with cobalt till there is some further investigation and drilling to have some more information to attract capital. I can't see anything there before the opening of the pollucite. Cash is short and will be preserved to complete the pollucite before anything else is contemplated. These guys are not gamblers and won't risk running out of cash before the pollucite is cash flow positive. We just have to be a little patient.