Ann: Sabre - Y8 Rare Earth Ironstone Discovery Confirmed, page-26

I get it that there are a mix of traders and investors following DRE. And good luck to both. From my own perspective as an investor with a two year investment horizon on the rare earths component of DRE's portfolio only (I think the Kimberley has great potential as a mix of satellite copper rich deposits that will be attractive to a mid tier/large miner down the track given the need for the desperate need for copper discoveries in the next five- seven years is a seperate story that I'll stay invested for too), I'm delighted that Dean and the team have added more resource to the Mangaroon rare earths prize (and will continue to do so). As instructive for me is to always read Dean's snapshot on page two of the announcements he puts out as it gives investors a really good hint at what the strategy is for the rare earths prospects. They will keep drilling, expand this into a large world class (if it is not already) deposit and in my opinion, the only unknown at this stage is how this will be commercialised in the next two years ie a strategic partner invests $$ and takes a position in DRE to be able to have a supply of rare earths available to market or process, an asset sale of the Mangaroon rare earths prospects by DRE, or any number of other potential $$ making transactions that could be on the table. I know the Board has an open mind at this stage too as I've asked the question at a couple of conferences. One thing I'm certain of, investors will be well rewarded from what is being discovered at Mangaroon.