Ann: More Thick and High-Grade REE Results at Caralue Bluff, page-10

Some more positive drill results will be good, especially if it confirms the resource closer to all perimeters of the Caralue tenement. But we already know there is a potentially big resource there, the met results now the main show. If they show good leachability then we have our game changer.

if that’s proven, a CR (at a higher valuation of course) wouldn’t be such a bad thing, to accelerate these projects and do some serious drilling to expand the graphite resource too. Good opportunity to get some bigger investors involved, some international, more local support really ramp up the interest in ITM projects.

An Ionic Clay Rare Earth project I think would be the first of its kind in australia when the world is desperately looking to diversify supply away from China.