Ann: Presentation Lac Rainy Graphite Project, page-24

I think if people take a squiz at Black Rock mining (bkt) you can see the trajectory that MLS is bound for if management is able to hit the communicated milestones. I see them as being 12months ahead of us and progressing into financing of their project. They have had a significant rerate this year on what could be a relatively sized opportunity with TGC grades a bit lower than what we’ve been seeing from our preliminary trenching program.  At current trading MLS is 1/10th their current market cap in arguably a more favourable jurisdiction. For me our only missing ingredient is a strong BoD. They need to bring in someone strong with a history of securing financing/OT deals who can see the end game and drive Gino’s Dumpling club (now turning Poutine club).