Ann: FY21 Full Year Results, page-14

in the webinar and Q&A BSE said:
- Kwale Life of Mine Dec 2023 plus Bumamani.
- other prospects in Kwale and Tanzania look promising to extend mine life.
- depreciation should drop due to extension of operations.
- lots of interest from current customers of Toliara JV funding.
- are looking at other business opportunities but are "staying in their lane". I.e. not looking at rare earths or lithium, although often rare earths do come with mineral sands. Opportunities to extend life (BSE or Kwale?) and utilise their skills (African mineral sands expertise?).

IMHO:
- if sufficient monazite is in Toliara then this would be sold.
- are looking at JV with another developing project, my guess would be something like Malawi SVM (Sovereign Metals) if JV price was right. (I am not a holder).
- Long shot: Rio Tinto stalled future projects?
- Very long shot: Iluka Sierra Leone?