General Discussion, page-682

That broker report is not really a good take on the suitors situation.

ILU could well be a partner but it's not the most obvious choice. ILU will mainly be looking for mineral sands partners - right now there aren't many but there will be in the coming years. And there's a lot of sand (and to be partners) about the place.

LYC has too much on their plate? That's a kinda sloppy analysis. LYC are planning to expand, are looking for partners and are a more obvious fit for the Gascoyne mineralisation than ILU.

MP - Too hard to read into until they announce it. Anyone can say MP might be a partner. They are also bastnaesite, which is not the main show in the Gascoyne. As a financial sort of partner? Maybe, but that's another story.

HAS - Until announced otherwise, HAS remains the first and most obvious partner, as a sort of "merger of equals" type scenario, not a "buying out" scenario.

And of course all the other parties including EU, US, Asia. There would also be some other less obvious AU players milling about.