Rilley is being looked at from a commercial/sale point of view....

Rilley is being looked at from a commercial/sale point of view. Consultants will/should provide a package with interested parties. Argonauts were engaged in January. They are looking at a start-up, JV or sale.

Mt Lindsey PFS is now supersede. The engineering design now is looking at a portal entry to access the higher grades near the proposed beneficiation plant. Metallurgy Survey by Curtans Uni will give a clearer picture as to mine design and flowsheet. Stage 2 could see a smaller open pit to access the medium grades. The work these students are doing with Gov funding on the samples have saved the Coy millions. The scope of their studies is way above the scope of a contracted metallurgy Coy.

Understand that a periodical shareholders update should be present from time to time and have discussed this with management. The company now is transformed into an REE developer. This new management need to show accountability in benchmarks set by directors. Hopefully this is being mitigated now as more expertise is on board to take some pressure of AR and he now can concentrate on licking rocks.

The most important point now expressed to AR is timely updates and moving away from costly Dilutive placements. Shareholders are more than welcome to contact Tim or Andrew instead of fishing on HC.

Stage 2 assays Jupiter due now. Should be an extensive report of around 80 assays. Fingers crossed continuation of seam and grades.

COH....enough for a further 6 months giving Tim and Nick plenty of time for a quality raise. Quite a large amount of Gov funding available in the REE development field and Gov funded refineries down on capacity looking for similar Metallurgic ore.

Yes management have been put on notice. No more placements to brokers. This was acknowledged by both directors I spoke to.

GL @AF12