Ann: Investor Webinar, page-25

I listened to the replay. The comments he made about AP10/11 really caught my eye.

It is quite obvious from his comments we are in for a lot more great assays of 60m, 80m and over 100m extending the AP10/11 pegmatite and most will probably be from extensional drilling. These are his quotes:

“drill rigs focused very much on extending AP10/11 both along strike and down dip and we are continuing to hit visual mineralisation and there will be a lot more drill results being announced’. Later on responding to a question he stated they had 1 RC rig and 2 DD rigs doing extension drilling at AP10/11 and 1 DD doing infilling.

…”we are continuing to hit 60m to 80m to 100m wide intersections containing visual mineralisation as we speak”.

“These 100m wide intersections are something that is not seen in any other hard rock lithium deposits in WA, in some other projects you may hit one or two or three 100m intersections but to be hitting over eight 100m intersections of mineralisation in this one deposit is quite remarkable and augurs well for the overall size potential of these particular pegmatites” Note the use of the word ‘over’ eight.

I did not realise AP10/11 was open both to NE and SW – I thought it was only open to the SW.

Other comments he made were:

-‘volume potential of AP11 is simply enormous”

- “AP11 will make up a large majority of mineral resource”