Ann: High Metallurgical Recoveries Continue at Splinter Rock, page-21

Negative? Maybe.

Put simply if one believes that he has the largest and highest quality clay based rare earth project in Aus or the world that is not viable based on RE prices set by China what do you do?

Stop drilling for more RE? Yes stop wasting drill money in search of more REE. Fully agree.

Don’t proceed with expensive REE mining and processing
studies. Yes I agree although this decision has not yet been made.

Go into a cocoon and collect a salary? No!!

The company has identified potential other mineral deposits of something in an area at Grass Patch. It could be copper nickel or gold or all. The exact location is known. It is not logical or beneficial to shareholders that, in the light of REE prices going nowhere until China may want them to, the company doesn’t drill the area ASAP. BH please get on with it.