Ann: March 2018 Quarterly Activities Report, page-72

Hi NL, It is what it is and that may fall into Atlas’ favour anyway as the sell price is capped for the first 5 years at USD 950.

What concerns me is the omission of the point that 1231 covers the majority of the pit. Why not just use the same wording as the Dec qtr report rather than say we get a 5% gross royalty over 1231, which is one of two pits mining will take place.
It really is very frustrating that the benefits of the royalty agreement are played down.

Also why not mention that subsequent to quarter end, drilling results within the Southern Ridge area of the tenements, which predominately covers 1231 show strong lithium intersections results according to AJM.

The other issue with the lithium section was the omission of the PLS DSO Ann subsequent to quarter end which I raised the other day.

Then there were all the other issues we have raised here with the report.

I will definitely be voting NO