Ann: Clarification - CVS Iron Sands Rights and Fees, page-9

I am keen on them putting more emphasis on the oil and gas reserves in NT then trying to find new vanadium tenants. As long as Trump is in power he is going to look after his Texas buddies and let's face it, oil ain't going anywhere in the next couple of decades. It is too ingrained and it's going to take a long time to phase out. Oil is on an upward trend and we have this HUGE undiscovered acreage in the NT. Lets make that our priority I say. Sure Vanadium is also on an upward trend but oil prices are more sustainable for the future. All IMO as they say, well of course it is.