Ann: Private Placement of Shares , page-12

"Put your hand up if you think 13c is an appropriate re-rating for this new discovery?"

Not me 2ic!!!

Hard to see that the SP had much built into it for the SA Salar JV BEFORE yesterdays announcement of another world class lithium/potash asset?

If ORE was a no hoper penny dreadful that announced this find as its only project what would we expect the effect on its SP would be?

AND I'd argue it should be more again as ORE already has an established working presence in the area as well as funding and associations with a major offtake partner (through another JV) - ie. they are well poised to be able to capitalise on this exciting new asset.

Also on recent targets putting us at $3.00plus before this news. My best guess is these targets made little allowance for potential for resource upgrades at Olaroz (particularly if resource continues at greater depth).