Ann: Independent Expert Report, page-8

As well as changing their name, in July 2017 Rheingold announced an option agreement on a lithium project in Illinois:

http://ibatterymetals.com/news/pres...llinois-carper-lithium-brine-resource-project

When combined with the delays in their agreed cash payments to TMZ for the Bygoo tin project, the above announcements suggest a change of focus for Rheingold/International Battery Metals.

To add to TMZ shareholder frustration, TMZ has had to let the government funding for two other drilling projects lapse at the end of June, presumably at least partly because of lack of funds for sample analysis and other associated costs.

TMZ certainly has a lot of potential, but I am starting to think that Rheingold has lost interest. In the meantime, TMZ has made no announcement regarding the funding delays and future drilling plans.