Ann: Placement of $4 Million and Exercise of Lake Hope Option, page-12

If this works out this is going to be massive for IPT:

• IPT is now fully funded for PFS, DFS and Metallurgy testing
• Annual demand for HPA is predicted to increase from 45,000 to 50,000 tonnes in 2021-22 to about 250,000 tonnes by 2030
• There is atleast several billion dollars worth of HPA at Lake Hope ready to be processed
• It potentially will be one of the worlds lowEST cost producers
• Set up costs will be relatively cheap
• This will potentially will make IPT one of the cheapest and major players in the HPA market

This stock is what the Lithium miners were a few years ago, penny stocks, now nearly every miner has become a Lithium explorer or producer.
IMO with rising demand for HPA, predicted to increase 5 times by 2030, I expect prices to appreciate greatly in the coming years.