Final Investment thesis Short Term and Long Term
Post# of 29

Gold 1.1 million oz JORC plus six newly discovered Breccia Pipes - plus more in the future? Drilling results will be fed into upcoming Bankable Feasibility Study Due in Dec. Rare Earth - Colosseum mine is top prospect ( I believe a twin deposit with Mountain Pass that could prove larger and richer (Speculation). Govt Backing - Critical Minerals are a top priority. Geopolitical - China can cutoff or limit supply of REE. Also making supply chain deals with other countries like Japan. Corp Deals - Similar to Apple deal with MP. Financials - $35 million in cash to fund drilling and BFS, Final Investment decision early next yr. Added to ASX All Ordinaries Index allowing more institutional investment in Australia. Full SEC reporting soon to allow more US investment. Price by End of year ($1.29 - $2.20) Long Term - could have decades long mine life with Billions in Rare Earths similar to MP. Can add millions of ounces of gold and much higher gold prices 4-10K? Uplisting to new exchange- Nasdaq? Adding to mining index like GDXJ? Price $10,$22,$50+

