Ann: Renard Project Update, page-60

So for anyone who invested $100,000 @ $2 believing in the long term future of the project and who still holds, your advice to them would presumably be to sell now at 54c. I think most would rather see what the SP is after Renard is probably acquired and a strategic partner comes aboard. We can all acknowledge that for punters with shorter term ambitions this has been a poor choice for the past 18 months, apart from a few pumps and dumps, but we know where the blame lies for that. It's not down to management shortcomings; it's down to the disastrous fall in lithium prices. Had prices held where they were mid last year even we would be sitting pretty right now with a SP over $3, with every expectation of going quite a bit higher by early next year.