Ann: Intention to Demerge Battery Minerals Asset, page-5

It will be interesting to see how everything plays out. I wasn’t expecting that the battery metal project would be spun off but I’m not opposed to this move if it adds value and it’s still in shareholders interests. I assume that Titan would be a standalone project but at this stage we don’t really have any info. I would like to see a cornerstone investor or a joint venture partner for the copper project as the cost of expanding and developing this will be substantial. At least the company seems to be moving ahead, the share price will have to increase substantially for me to break even again but I like the management so feel confident that they are making positive moves. Will wait and see.