PHOSPHATE PROJECT- 53Mt at 16% P2O5-Development Ready, page-130

Bought into GIB today Whilst looking into phosphate I stumbled across GIB, I had looked into GIB previously as I had followed GeoFiji on HC into there but it was for a Zn-Pb-Ag at Iroquois as they have a 20% free carriedinterest with STK to BFS stage, that tenement borders with RTRs resource andGeoFiji bought into GIB purely for that play and believes the 20% has thepotential to be significant for the company.

GIB have $2.1 cash with $4mil to come in Q12023 so $6.1cashalong with 9mil shares in BDM ($2mil)and 3mil shares in AX8 ($80k) and when the$4mil comes in a further 7mil shares also comes in Q12023 ($1.54)

Total assets above $9.72mil with a mcap of $11.63 gibing itan EV of 1.91m

GIB were formally known as POZ (phosphate Australia) and havea JORC 2004 compliant inferred resource of 56mt @ 16% p205now in comparison to CXM who have 1.7mt @ 26% it shows a great resource thatGIB have I guess the one stand out is that CXM has a Mcap of $91mil but GIBhave a Mcap of 11! They have had these tenements for over 10 years and have puta lot of work into them but have also recently pegged more ground around theknown resource to be able to expand it further again. With the phosphate priceon the rise and more lucrative uses such as Teslas batteries which now are anLFP battery it shows there is going to be a big demand in the future and an11mil mcap for phosphate alone is very very appealing, the lithium, zin-lead,gold are all the icing on the cake…and pretty good icing to have!!