Ann: CDI Movement Report and Appendix 3B, page-3

Certainly the reason I’ve always believed in this project although I’ve largely gone into other things over the last 4 years. 91% of the market is MOP with no other mine coming close to costings and gradings. Accompany that the geopolitics of it heavy government loans from France I can see why Sampson who is also on the board of a SOP company said KP2 looks like the first major potash “disruptor” he’s seen. Obviously he was saying the first company with costings so good it can break the stranglehold of the cartels. Interesting 12 months ahead