Ann: Further Outstanding Rare Earth Assays from Innouendy, page-22

This is a new industry in Australia, and time required to work through the steps to get to production. Looking at South Australian Co that are REE in clays, and further advanced in testing and procedures, DM1's grades are good and stack up better than most are spruiking. The important column in the tables is the CREO values and percentage. TREO meets cut off above 200ppm which is another good thing. continued testing and working through processing and leaching still required and this is early days. Obviously prices of REE need to increase and as we are at the start of this EV revolution, demand will soon outstrip supply and then what is a potential marginal play becomes a profitable one.