Ann: Munglinup Electromagnetic Survey Indicates Excellent Targets, page-13

Good Morning Qg21

No Munglinup isn't part of the possible new listing, The only project which may be listed on the Oslo stock exchange is the Skaland graphite mine and the downstream processing and other Norway explorations licenses.

I honestly would prefer MRC to spend the funds associated with a new listing, on promoting the company and then raise the funds on the ASX to fast track the improvements at Tormin (minerals sands mine) and Skaland's expansion of capacity.

MRC was meant to provide an update during the March QTR to detail how they would return the company to profitability and how they would improve shareholder value.