Ann: Company Presentation, page-11

I think the presentation provided today was a refreshingly optimistic and confident one showing a clear understanding of the proven resource, how to easily get the SOP out and what a preliminary view of the cost and profit may be, all being currently based off a 4% of current JORC resource!!

I think now it is sooo critical to get this happening before any other new SOP producer enters the market place to give us the opportunity to lock in long term offtake agreements that work to our long term viability. This is a 'you snooze you loose' moment for RWD and MR needs to ramp all operations up to complete the milestones on or before time.

No doubt with 28%+ of the share base he will look to hold an ongoing substantial percent post any JV/Strategic Partner/buyout/whatever for his interests. I would think this is a fairly unusual situation and the larger buyers would balk at the prospect of that negotiation!!