Lithium JORC Countdown - Tonnage + Grade?, page-95

Hi OzBlue,

The commentary provided on page 12 of the announcement on the 28th of September is with respect to the 8 diamond drill results only. Reading through past announcements on the 11th and 31st of August, the commentary provided states "The reported drilling has not been used to estimate any mineral resources or reserves"

From my understanding, as a collective, the results we have seen to date will be sufficient to provide a JORC resource. As stated in the 28th of September announcement, this is expected by the end of October. However in isolation, the drilling results reported are not of adequate spacing to provide a compliant JORC resource.

This is my interpretation of the announcements so any corrections to my comments are welcome.

Star