Ann: Divestment of Mineral Sands Exploration Port, page-3

re: Ann: SYR: Divestment of Mineral Sands Exp... The market seems to be unimpressed with the dilution especially considering SYR purchased most of these assets recently for much less than what they effectively sold them on for.

However, leaving that aside, the potential of these EPs is obviously huge and MGT must be very confident of the size and grade potential to pay this price. Once exploration starts and we start to get a better understanding of exactly what we have here I'd expect the dilution will be quickly forgotten. BSE Base Metals has had a good run over the last few years based on it's adjacent mineral sands project so hopefully that's a taste of what's to come for us. I'm happy to keep holding and may grab a few more at these prices.