Ann: Maiden Mineral Resource Estimate 261MT at 2.19% TREO average, page-191

One question but for you 2Ic, given the higher level of concentrate for Lindian at 60 %, no radioactive elements either and from looking at PEK's table given the payability has some positive relationship to concentrate %, higher concentratee %, higher payability, and given PEK's number of 48 % payability for a 45 % concentrate and 53.7 % for 55 % concentrate, what do you think Lindian can realistic target for payability if it has a concentrate of 60 % ?

I also note to with PEK the NdPr % of the basket value is 92% , implying the other 8% of revenue comes from the Lanthanide, Cerium and Heavy Earths. I have not seen any figures on what these other co products would yield for our Monazite Rare earth. I am guessing Monazite does not yield the small % of heavy rare earths that Bastnaesite does ? My modelling has effectively put no value on any co-products anyway but guess this too plays into the payability % ?