Ann: Globally significant MRE of 59MT at Adina Lithium Project, page-759

Fielded a few calls today from smart people asking stupid questions. Can only imagine what ce is dealing with.

1st classic. Pit wall and cost compared to pmt. Fmd. Pmt is in a lake that needs to drained before any of it will be mined.

adina has 30mt at surface, expanding to the east at over 1.5%

2nd - grade. Fmd. It's inferred. It's gets better, its 70mt at 1.07% if you want to play with inferred metrics.

3. Why announce now. Fmd ce can't win. I was one of the holders who was all for it. I had numerous posters asking me to relay the same. I thought it would put a floor under share price so we could be valued against peers . I was wrong , so we're the heck of alot of holders who I speak with.

4. Cr raise. Fmd. How many times has ce said we are well balanced to ride out the crappy lith prices so we don't have to raise.

5. Who's selling. I don't now. Fmd, I'm as gutted as anyone with the analysis I do.

the mre was remarkable for metres drilled, it's only going to gt bigger and better, I compare lithia, mcap, ev, opex, capex, and that crap, nothing compares to adina, especially the first 30mt that will be mined.