Ann: Finniss Lithium Resource increased by over 50%, page-9

There is so much in this report it is going to take me days to digest fully. On first reading of coarse it is great news. Of particular note is I think a 10y LOM is pretty much in the bag by the end of the year plus we have alot more to come considering all the upgrades to come and the plethora of untapped mineralised pegs just in the Finniss region let alone Barrow Creek which we have not touched yet. This is going to be a very long term operation resource wise.
They really do show off there true expertise in this report. Whilst I think their corporate behaviour and marketing sometimes needs improvement (it must be said they are getting things done though in this area) the same cannot be said about their geological,exploration and mining skills. This is top notch. I get the feeling they know these deposits like their children which is going to come in very handy when we come down to brass tacks and are actually mining the stuff.
Very impressed and happy to be holding this. More on the deposits later but BP33 and Carlton are looking fantastic for growth. Eagerly awaiting to find out if we can go underground. In the previous DFS prestripp was included for BP33. If this can be taken off and replaced then how much money are we actually talking here that we need ontop of our US$20m from Yahua. Are we getting to an amount that is going to be fundable with our offtake from our Swiss friends when it becomes binding now that we can show we have the resources to supply them?