Ann: Half Yearly Report and Accounts, page-3

All good.

Outlook and Future Developments
The focus of the Company will predominantly be directed towards further advancing the Great
White Kaolin Project. Key steps include:
• Completion of the Minotaur Exploration acquisition,
• Completion of the Definitive Feasibility Study by the end of the end of Q1 2022 calendar
year,
• Progress the Program for Environment Protection and Rehabilitation (PEPR) to DEM for
subsequent approval and commencement of construction during 2022,
• Finalise binding offtake agreements for the remainder of planned production,
• Fully evaluate opportunities for DSO and concentrate business,
• Complete the Bankable Feasibility Study for use to secure debt funding,
• Progress opportunities in concrete and cosmetics markets,
• Progress halloysite nanotechnology opportunities through Natural Nanotech,
• Upgrade the 100% owned Mount Hope Halloysite-Kaolin Resource and commence
exploration activities on the Eyre Kaolin Project tenement package,
• Continue exploration activities on other prospects on the Eyre Peninsula