By HKipp 1

It is great news that JB chose to pass up the PDAC conference, which he has attended in the past! To do so supports the idea that it was felt that there is a high probability of concluding a deal in Manila. What is likely to be more productive- continuing to deal with investors who have already expressed an interest in LBSR and actually organized an meeting in their home country- at their invitation, or- attending a large conference where you are one among numerous clamoring voices, essentially "cold calling" potential investors? I'd go with the former. It's really ludicrous to suggest otherwise. And by the way- it is also a plus that one of the organizers is a motivated shareholder and one who obviously has close connections with the other parties in Manila. As stated before, it is just the kind of "inside game" that leads to deals.

EXCELLENT OBSERVATION!!!

Thanks HKipp 1