Experts, page-4

Hi Malcolm,

Yeah I’m not particularly in the manipulation by MLM camp and yes DRX management have made some, in hindsight poor choices on where to commence our approvals. However, the decisions may have been out of what was the best option at the time, and although it’s been a frustratingly long slog, our management have also mate a lot of positives decisions and we have a lot of proven up resource and are very cashed up for an explorer/potential producer.

Look, I will be honest and say I haven’t really done my homework as yet on your cash position and full situation.

I would like to ask you as an MLM holder, what your reasons are for being opposed to the deal, when we are both close to majority owned by Sibelco, DRX has much more land to keep exploring and much more resource proven up, and I believe much more cash.

Together we could finally guarantee a long term project and us shareholders actually start seeing some share price value.

Interested in your response.

cheers

Y