Ann: Quarterly Activities Report September 2011 , page-20

re: Ann: Quarterly Activities Report Septembe... I've had my eye on LML for some time because of the general interest in the Eyre Peninsula since IVR's discovery.For a long time I have known of the potential for decent graphite discoveries on their ground and have urged management previously to direct some energy toward that.It's not just their ground bordering SER (Australia's only operational graphite mine) but also their ground bordering AXE further north along the peninsula and their ground bordering IVR's East Eyre Cu,Au,Ag prospects which are due to be drilled in the second quarter this year.If IVR repeat their success they had at their Peterlumbo block then I expect a lot of interest to develop in LML. Don't discount the possibilities with LML's own recent base metal discovery either.I took a small position today and will look to increase it as further developments on the Eyre peninsula occur