Lindian Resources Limited provided an update on the in country visit and continuing discussions with China Railway Seventh Group ("CRSG"). CRSG engineering and management personnel recently completed a visit to Guinea for the specific purpose of inspecting Lindian's bauxite projects and associated infrastructure. On 27 January 2021, Lindian announced the Infrastructure MOU was executed with CRSG. Under the terms of the MOU, Lindian and CRSG will work together on an infrastructure solution for the low capex, early production scenario involving the Woula Project and the larger, world class, Gaoual and Lelouma Projects. Lindian and CRSG will consider the following principles in determining the infrastructure solution; Formation of an incorporated JV or consortium as necessary for the long term mutual benefit of the parties; Defining ownership, access and use of infrastructure in relation to the projects; Timing and scope of future feasibility studies; Engineering, Procurement & Construction (EPC) in relation to Lindian's projects; Appointment of financing & offtake partners for the projects; and The continued cooperation and long term collaboration between the companies. Further, Lindian recently completed a MOU between the Government of Guinea, the Guinea Ministry of Transport and Terminal Logistics Pte ("Terminal") which is 75% owned by Lindian. The development port area consists of a Land Survey area of approximately 9.1km2 and a much larger Marine Survey area, together a development port area ("Dobali Port"). The Dobali Port was included in the CRSG inspection.