Ann: Notice under section 708A(5)(e) of the Corporations Act, page-7

Current management has presided over a drop in share price to near-all-time lows whilst spending inordinate amounts of money on sporadic drill campaigns and admin expenses...A cap raise in the near future will dilute the crap out of current holders and could very well be done below 2 cents...While every minnow and his dog is sprouting Lithium from the rafters, MXR has sat on Lithium potential for at least 7 years and the silence is rather deafening...We had plenty of money to explore the potential for Lithium which would have excited the market and by extension increased the share price but management choose other avenues to explore...SLM just went from 6 cents to $1.34 on Lithium News... I dare say we have missed the boat and are lost at sea almost drowning...If the mark of good management is to increase shareholder value then I dare say we have failed miserably in the last few years..