MZN sale of Bellary Dome, page-51

The best way to explain the "indifference" and "complacency" you see is to compare MZNs lithium discovery with conglomerate gold. This project is presently at the same stage as Novo was six months ago. The Australian market is not giving this lithium any premium because it is undrilled and unproven. Conglomerate projects are treated absolutely no differently....except on the Canadian market.

What we saw six months ago with Novo is pretty much equivalent to the market valuing MZNs lithium at a billion dollars...clearly unjustified. The Australian market treats conglomerate exactly the same as greenstone gold and lithium and every other mineral project.

The Canadian markets view of conglomerate gold is certainly different. I know some would say the proof is already there, but in truth the standard of proof is low, so far not one statistically valid sample result has been obtained, and the trenching program being undertaken will not provide any. (which I can say with absolute certainty having studied statistics at university level). Not enough samples for the size of the possible resource, in simple terms.