Ann: Quarterly Activities Report and Appendix 5B, page-8

I know bugger all about Kaolin but my limited research tells me the presence of Hallyosite could be significant.

I always knew RNU had many prospective tenements but this one caught me by surprise. Sounds like there may be some works to determine drill targets upcoming. ADNs progress and our nearology may keep things interesting over the next few months while we wait for the DFS and financing.

$17M for our suite of tenements and a world class graphite project at feasibility stage is cheap as. I'm happy to hold- and top up- while things unfold from here.