Ann: Delta advances Mt Ida Gold Project, page-32

Hello WhatsTheTip, you have some good questions, and I'd thought about them, but like many things, don't have any definitive answers, but your questions would make for an interesting discussion, and they are very relevant.

I note the interesting article in the business section of the Western Australian today, about MinRes and Ellison, and their correspondence with him and the company. To quote one section of the article, it says (quote) ".... as MinRes looks to shop around some of it's assets, to inject some much needed capital into the business ...." (end quote).

Ellison was saying he does not expect the lithium price and market to pick up until sometime in 2027.

The article made me wonder also, if MinRes is looking to off-load some of it's shareholdings in Delta and Wildcat and Kali. MinRes needs some cash. I had an eerie feeling after reading the article. The journalist gives the impression that there is going to be some movement across the MinRes investments, and other assets.

Gold could end up being the saviour of Delta if what Ellison says about the lithium time-frames plays out.

What do you do with a million ounce high grade gold deposit if you are a lithium company during a lithium downturn?

Like they used to say, it's the 64 dollar question.
We're all watching with great interest.

Gw