hallo hallo, page-10

Hi all,

I've redone the numbers for magnetite and tin for the three areas at Mt Lindsay that have been tested so far. Exploration is still incomplete but there is enough data for some preliminary estimates. I've applied realistic discounts to all calculations to try and arrive at minimum total production targets.

Magnetite production 10MT.

Tin production 65,000T.

I haven't calculated anything for tungsten, copper and gold production. These have the potential to add significant credits.

Please bear in mind that these are preliminary estimates based on what the company has published. They are subject to all the uncertainty expected in forward looking statements.