Ann: Boardroom Radio Interview , page-2

Yep,


Still sitting on a multi-billion dollar resource that the world seems oblivious to.

When talking about recoveries from processing ore, I was interested to hear Peter say "Early work on the REE's looks favourable"
All "19 holes have widespread mineralisation of REEs.

"Currently $150,000/tonne." Expect REEs to underwrite the project.

Of the current holes being drilled, "three finished by Christmas, and the remaining two in January". ...will be a very interesting set of results.

Focus is on Milo; scoping study completed June, followed by financial modelling.

Anticipate a major re-valuation of the company.

Still dependent on capital markets.

No effect on the SP at this stage, but its good to know what direction we are heading.

I agree Zoids ...it appears to be the same company buying.

Yes goforit, any increase in tonnage should have a major impact on the resource estimate. Great figures from these current drill holes will have a major positive effect on the estimate I would guess.


Cheers all,