Ann: Mount Marion Lithium Project Update, page-26

TBO I don't see any of the explorers/juniors being any closer to a working mine after this past 12 months. Sure, NMT amd GXY have had delays but these are expected (IMO) and if/when the explorers/juniors get towards a working mine I doubt they will avoid problematic startups and unforeseen events.

With NMT there is real potential with their little "buddy" HNR provided the Forrestania drill results are on the lithium. A downstream processing plant in Kalgoorlie will be the best thing since sliced bread.

If it gets built and services lithium from HNR, that would be fantastic. If it has capacity to also process lithium from other minters around the HNR site (as there are quite a few of them) then this would be beyond fantastic. I'm sure KDR and MZN etc would love to have a downstream facility they could use locally and hence avoid all the shipping logistics. It would also keep jobs and profits in Australia which is VERY important.

I'm actually hoping the delay news spurs a few impatient people to drop the price as I'm looking for some Christmas bargains. Long term I see this approaching blue-chip status/stability.