Ann: Investor Presentation - RIU Explorers Conference, page-68

It's interesting contrasting the approach of CHR and TG Metals lithium exploration at Lake Johnstone. Both intersected thin but high grade lithium in initial holes. The difference has been the planning and preparation for various outcomes. CHR drilled a ton of holes all saying the same thing into the same spot. David has been methodical with a large area prepared to pivot based off results. They now look to be zeroing in on some increased thickness not necessarily where it was expected on the soil results. I think CHRs problem was they expected the pegs to be thicker at Medcalf and when they wernt they had no other options and focus switched. I still think the CHR ground has more to give, but it will be RIO taking the cake now. Shows the value in good management applying a systematic approach.