Ann: Trading Halt, page-9

We're under the radar so even if the results are good, it might be a slow burn to take off. No serious players in our stock yet. If we've finally got something great, current mc of $17milion would support up to a doubling and still be value with $100million being a rough benchmark base target for good REE and HMS plays.

We know several things already:
- there is significant grade in historic sampling - of REEs (including the most valuable) and of heavy mineral sands
- there is a wide expanse of effective trapping structures
- the alluvials are greater than 60m deep in places
- there are ridge and valley structures here providing potentially 2 different projects

We have a very bare skeleton for a massive resource base. All it needs is the right stuff (with controllable deleterious elements) to put flesh on the bones. Have we got a pile of old cattle bones, or a steaming fresh kill?