Ann: Annual Report to shareholders, page-38

Spoke to Avi today

Not sure if he reads these threads, but appreciate his time. They’ve been in Canada getting updated on Snow Lake and the lithium assets.

The lithium side of the business is proceeding as expected and they’re just compiling the update for release to the market. Estelle they’re still very bullish on and firmly believe they’re on to something with this asset. The Newmont JV is still moving, and will be updated as Newmont progress.

The key takeaway I had from this conversation are:

1. He made a point of getting back to me;
2. Reminded me of the 500k they stumped up with during the raise, and the on market purchase.
3. They’re clearly not here to sit on their hands, they’ve set an aggressive timeline and the frustration he had that Estelle is delayed was evident;
4. To split the assets he’s confident will speed up the progress as each business will have a more focussed program, and unlock the value of each asset much quicker

Overall really positive, updates are coming, I for one am looking forward to them