copper, rare earths, cobalt, not potash, page-7

No Potash? ... Not according to the report just released:

"Lake Chandler Potash Project (M77/22 (W.A.) - ActivEX 100%) In July 2010 the Company received the Lake Chandler scoping study from engineering consultants Lycopodium Minerals Pty Ltd. ActivEX?s initial assessment of the study was that the project would be marginal under the current conditions of soft potash prices and a 25-30% increase in capital and operating cost estimates shown by the study. Further work has been commenced, investigating potential cost savings to and simplification of the current process flow sheet. Bench scale tests looking at handling an unwashed run of mine product are still in progress at the end of the period."

Also prices have firmed up 20% since this report was released.

At some point soon we could easily see Lake Chandler come into play!