Ann: Company Update, page-179

Hi @the technician, you were invested here once and have spoken to JA I see.

What's your thesis on where MAN are heading,
I dont understand why they would mothball a lithium project and espeacially one in the Paradox basin.
We have Equinoor and Exon fighting over land claims and brine resources over in Arkansas
There's circa $88billion invested in USA battery manufacturing that will want local BGLC etc.

I'm not seeing the logic here given DLE can make a project economical at current market prices and with around 34% or greater premiums in the US.

Also the governments are Fastracking lithium projects that qualify on project status...

Have this Co. missed the boat ?

(at current rate of spend,$4mill pa ,with doing minimal work they will just about run out of money within the next 2 years)

sincerely

Tab