Ann: Talga Lithium-Pegmatite Discovery in Sweden, page-50

"Talga considers the lithium potential of Aero to be greater than previously recognised in light of recent results. Under the proposed EU Critical Raw Materials Act, battery grade lithium is classified as a strategic raw material and is subject to domestic extraction targets. There are few hard rock lithium deposits in Europe, so any discovery could be of significance to the region’s emerging lithium-ion battery industry. Talga believes it is in the best interest of the Company's shareholders to further evaluate the Aero Project at this time."

I understand there are some here that are wary about this announcement, but this is all about the CRMA. Comparatively, Europe does not have many lithium resources of note. This means that even an average resource could be highly beneficial for the company and have the potential to be listed as strategic. Remember, the EU want to extract 10% of their annual consumption domestically.

If the company has a few other irons in the fire, that is a good thing - as long as there is no distraction from the main goal at hand. Clearly, this is understood by management:

"Depending on next-stage results, strategic partners may be sought to advance the Project, with the Talga management team remaining focussed on executing the Vittangi Anode Project."