Ann: Inland Strands Ore Processing Commences at Tormin, page-12

@Whirlpool are you able to confirm if my comment above was correct,

Under the previous management the highest EBITDA was only US$16.5mil?

Since the new management has come in and resolved all the issues with the inland strands we are a looking at annual EBITDA rate of US$96mil which is expected to be achieved by the September 2023, with this rate increasing once the company moves into producing the finished products with its agreement with GMA Garnet,

@Whatsamadoovie I don't believe Whirlpool really cares about MVC, We could be looking at an annual EBIDTA rate of US$160mil this time next year which is 10x greater than MRC previous highest return. The return for mining the inland strands has taken 12 months more than I expected and we have all seen a little bit of dilution, I am sure he knows the above figures are correct which will result in a transformation in the share price and the companies MC. My assessment is backed up by company announcements and if this can be achieved we should see an EBITDA of US$160mil (annual rate) ~10x higher than MRC previous best financial results by this time next year.