PHOSPHATE PROJECT- 53Mt at 16% P2O5-Development Ready, page-81

Agree 100% ... GIB focus has been on EDJUDINA over the past 12-18 months but without material rewards to date.

There has been no update on PHOSPHATE HILL being the original asset listed in POVs 2008 IPO beyond small talk of a discussion for it's sale.

GIB/POV has meandered for a number of years ... from phosphate to diamonds, gold and copper/lead/zinc.

Surely it is time to resurrect PHOSPHATE HILL with global demand (fertilizers and batteries) and consider renaming GIB to POV.

Alternatively an IPO of PHOSPHATE HILL and returning shareholders an in-specie entitlement with new equity raised to take PHOSPHATE HILL forward.

This opportunity cannot be missed.

GIB is significantly undervalued and PHOSPHATE HILL alone has a likely potential value of between $50m to $75m and 4 to 5 times current MarCap plus values for gold, diamonds (BDM) and copper/lead/zinc (20% in STK lease at ERAHEADY adjacent on strike with RTR).

Time to shake a tailfeather ...