General discussion, page-6

AVZ joint venture deal announced today values their undeveloped asset currently at around $1.3B.
They have a larger assets but higher costs due to transport issues and they have higher political risk.
Our market cap only assumes around $300m for the lithium part of our business.
Surely we will rise substantially after Xmas when our lithium deal is formally approved and the go-ahead is given to start the mine development.