Cobalt Price, page-19

Just a couple of corrections

1. We are now a producer. - No ....We have been a producer. You should realise this now mining operations have been completed

2. We have two farmouts on large land packages. These are hugely disadvantageous deals which stripped shareholder value.

3. We have an existing mining lease and nickel mine which will probably never be profitably re-opened due to rising costs of production.

4. We have a large land holding which is very prospective for nickel and cobalt where we might or might not be currently drilling. Some of the area is granted mining leases.

5, We have minimal cash maybe still less than current liabilities. Very few small exploration companies can make that boast.

6. We have a large landholding we are hoping to find polucite, lithium, microcline, niobium, silica or whatever the next flavor of the month is.

7. We have more than 100,000 tonnes of microcline in stockpile which we have been unable to find a buyer for. Got our fingers crossed thou.

8. We have a large landholding in the southern Fraser ranges, not sure what we will do or spend on it thou.

9. We have a range of other landholdings which will probably need expenditure to keep on the books.

10. Shareholder returns... whats that