Ann: Si6 Granted Right to Acquire Interest in Brazilian Assets, page-8

REE and Li play next to MEI! Let's sit back and enjoy the show and watch it unfold. A very positive announcement imo. The tenures look very prosperous and obviously many of our new peers in the region have done very well and found decent mineralisation and resources.

The main limitation is clearly finances, we need to spend $1M minimum on it each year and must fund all the tenure and exploration costs as part of the JV. Doing a geophysical survey or solid surface sampling program these days is around $500k. Its not cheap, especially with 2 other projects on the go. Management may have to do a share consolidation soon which I am generally not a big fan of but I don't see a way out of this, unless we get some crazy results from Botswana, or a big investor taking out the sell walls and creating a break out. Not a great time for releasing positive news at the back end of tax sell time but hopefully in the months ahead we can get some momentum happening.