Ann: Quarterly Activities Report - March 2022, page-295

Afternoon Nevellie and Fulang,

You guys have been invested in MRC for long enough,

What are your expectations for MRC's average mining grade for the QTR (THM) and what is your expectations for the total amount of HM concentrate the company will be able to achieve for the QTR,

We all agree MRC won't be able to produce 30k tonnes of Ilmenite, What are your thoughts on what they can produce.

Also your expectation for cash balance at the end of the QTR. I would like to see the companies cash balance double to US$4-5mil and a slightly lower debt.