Ann: Updated Scoping Study Results Lake Maitland Uranium Project, page-95

RH said he didn't go for the mining approvals because he didn't want a hole in to shallow resources , what a load of BS there were many ways to satisfy the 5 year minimal work requirements for approvals and that would of given our SP a huge lift just like VMY, But by RH comments he never had any intention to do so this is unforgiveable one reason RH must go..!!!

RH rambled on and on about his reasons about how TOE was improving the process and development of the resource as another reason for not applying for approvals, so where are they improvements in the announcements,.. RH sounded like a legal mouthwash trying to justify his failure to a jury and failed at that too... so really started rocking

RH clam his full time at TOE how is that so if he on the board of 3 or 4 different companies, What is RH interpretation of full time one or two days a week,..???

So about $2m still invested in other companies,.. With that and the money wasted drilling Nickel and Gold how for ahead would the main asset Uranium be if the money was spent on what investors have invested in Uranium assets.

Splitting the assets now can only benefit the board IMO they are trying to gain two or 3 board wages, only benefit i see it would make it easier for a Uranium asset T/O but at lower price.

Where are the timelines Why hasn't the resource been drilled and up graded to M&I, PFS should have been done by now, Field trials also done and dusted yet we still in diagram.. This is a sign of go slow with the project and just collect wages for as long as this board can.

TOE has great Uranium assets and it needs a true full focus Uranium team.

As for RH comments on DYL they are focus on Namibia first that clear to all, and they have timelines and DFS at Mulga Rock Western
Australia and "so far" ahead of TOE in WA.. bad comment RH

RH has failed the SH history show it plain and simple he must GO.