quarterly activities positives.

Understandably we are all frustrated but I think we should focus on the future and achievements not the past.

In Summary.

• EPA approval secured. (Aug)
• Completes run-off water diversion completed.
• Exploration targets looking positive.
• Mitsubishi committed to the $15Mil injection.
• Negotiated “interim loan facility with Mitsubishi.”
• “Negotiations with interested debt funding parties are also well advanced and NEARING COMPLETION”
• 12 Mil tone surface stockpile 18 Months payback.
• Tungsten demand continues to remain strong in a very difficult market.
• New Company Secretary facilitating a R & D ATO refund. ($1.864 Mil)
• New Independent project finance focused Board.
• Management are approachable.

I am confidant the board is focused. Lets hope the Mitsubishi & Debt funding agreement are signed off before the AGM (15 Nov)

Please don’t shoot the messenger. Like the CEO of Mitisubishi I believe in Mt Carbine we just have to close the deal.

Please DYOR.