May Trades, page-65

Had a brief chat with Alistair.

He said the trip to Malawi went very well.

Drilling of the 1,000m hole is going well and the team are making excellent progress (drill metre rate). I am guessing they are already at 300m or 400m.

He said they will be drilling one hole and then the other straight after ( this will give them the exploration target).

He couldn't tell me much apart from, he was pleased at what they were seeing!

I asked about the assays and he said all cores are either in Australia or in South Africa awaiting to be sent over. I said, i think there is about 60%/70% of the assays in Australia now and he agreed.

They are waiting on the labs and he hopes to be able to make an announcement very soon!!

I asked about the Bauxite assets and he said they are in commercial offtake discussions (as per the last ASX announcement).

Overall Alistair seemed as confident as ever, on the progress and future success of Lindian.

I hope that helps.