Ann: Option/JV Agreement Signed With Global Base Metal Miner, page-35

Repeating what I said earlier: The market isn't that excited by the announcement and that's a fair reaction. Bottom line: FQM has committed to $700,000 to have a prod around to see if it can find anything worthwhile. If it doesn't it can pull out with zero interest and what is – for a company of its size – minimum loss. It's only if it wants to go further things get interesting and it commits a further $2.3 million within 18 months of when the agreement was signed. There is nothing tangible for the unconverted and unconvinced to get excited about with in this announcement. I've been accumulating at $0.019 and $0.020 which is the price bracket it started at today. And it's already back to that. As several people wiser than me have said this isn't a price driving announcement. DRE is a great company to invest with plenty of potential in but it will make much bigger and more exciting announcements than this. IMHO/DYOR.