Ann: Favourable Metallurgy Results Received for Port Gregory, page-34

I am looking forward to seeing the scoping study results - fingers crossed we get them next week. (That would be in line with the company's stated timeline in their previous announcement).

We know we have an economic resource and the metallurgy results with the test work confirming our mineral sands can be processed readily using typical mineral sands processing methodologies and equipment.

Furthermore it appears there is significant upside in the size of our resource at Port Gregory and Red Hill looks very promising also.

As CEO, Nic should be commended for the progress made to date.
We haven't even been listed for 12 months yet the progress made has been substantial and he has delivered on everything that he said he would, more or less on time.

I would say he has exceeded expectations so far and it appears there is so much more upside to come.

GLTAH