Ann: Resources Rising Stars Presentation, page-5

Lithium price holding up ( see Allkem's update yesterday below for June Quarter), and remains far above our DFS price of approx US$1300/tonne.




Hope Tony can emphasise the upside in our NPV should pricing remain until we are in production (see LTR NPV graph below), and there is every indication to believe this will be the case.





At current pricing our NPV is clearly well off the charts should things remain.

LTR will be a globally significant producer, ramping quickly to produce over 650kdmtpa, equivalent to 6% of global spodumene supply and 4% of global lithium supply.



Our product will be high quality SC6 or above. Note the pricing for Allkem's quarter was for 5.3%. No wonder tier 1 companies are clamering for our product.

Don't forget the tantalum credits (see below), resource expansion, Buldania and ability to add further value going downstream with hydroxide production.


First rate resource. First rate location. First rate management. First rate partners. Enjoy the ride.

G