Ann: Quarterly Activities Report, page-2

Not too much new in the quarterly.

aev well undervalued when you consider the following

baobab financially very attractive and company very bullish on being able to fund expansion. Mine life of 13 yrs is only on indicated reserve of 42m tonnes so NPV would be much higher if company converted inferred resource of 320m tonnes.

novaphos technology commercially viable, this is a total gamechanger that the market hasn’t cottoned onto yet.

scoping study on wonarah using novaphos tech will produce extremely robust financials and will open up new Australian phosphate frontier in the NT.

from here on in we should see avenira deliver on some of its promise.