Ann: Results of Annual General Meeting, page-135

Oh, but LTS/Liontown Resources holders have been bagging multiple other organisations for quite some time now.. I have been monitoring their forum and following the company. Quite a shame for those holders, but further clarification that there is not unlimited supply of low strip high grade SC6.0 able to come online within the next 24 months to cover demand the world knows is coming.

They will still mine, but just like a gold producer with higher AISC will only mine profitably at high market prices - it will be a stock with greater price swings but lower overall profits for the business itself.

Of the players we are invested in, I personally am excited the most about the potential of AVZ and how they are working with local jurisdiction to facilitate mining. I have only just read the AGM notes and presentation in entirety today and was excited to see a schedule which showed full mine setup and testing along the same timeline I had - I had picked full mining capacity working towards nameplate within 18 months.

Management have construction and commissioning of an established mine on schedule for Q4 2021, bang on for the supposed shortfall in supply vs demand, which is already beginning to show early stages of being the correct assumption.

Even if the transportation routes are not operational for several months after, there is absolutely no reason we couldn't build large storage areas on site and stockpile if a stage 1 off-take agreement with Tinbin/CATL is the goer. They have supply from PLS, so may be more concerned about meeting shortfall in years to come moreso than a shortfall in early 2021.

One thing I must stress is that we MUST get the plant right, the case for AJM vs PLS initial output is a clear cut case on getting the plant right rather than rushing to mine. This would add to initial cost but have significant cost savings benefits over the life of plant.

The money must be spent, it would not be burdensome to go shopping now and have something on site May-August 2020 for fine tuning on low feed input - would this work, those in the know of all things Lithium?