ASX Today, page-41433

When I talked about Posco I said "The buyer of the spare 100kt spod concentrate may be POSCO". I didn't mean LTR would make a partnership with Posco for a downstream process (chemical refinery) plant.

We have a spare 100kt of spod whoever wants it we can give it. It's actually obvious to me that LTR management has already put it on a kind of auction... taking the offers and will give it to the best offer.

Study with Sumitomo for lithium chemicals is a long play. It may take 5 years to realise it. So we will sell our produced spod.

Also, yes we have a lot more resource waiting to be drilled. I posted a lot of info about that. My estimation is that the new exploration will be done after the production started and it will bring the total resource above 200mt easily. And the new resource will be very high grade as it's the extension of very high grade pegmatites at North and NW.