Ann: Great Wall Motor Backs Pilgangoora Stage 2 Expansion, page-90

Excellent news for a well managed and progressive company.

Keep in mind that this deal will add a lot of higher-level exposure to the PLS story (both here and overseas). Great Wall may not be your particular choice in cars, but that does not matter: what they REPRESENT matters. And that is, a multi-billion dollar company that has scouted around and formed a strategic, long-term, partnership so that they can guarantee supply of a critical element needed for their continued success.

This partnership is a very compelling confirmation of our Australian lithium market's - and PLS's - ability to deliver on the world stage: the significance of which, will not be lost on fund managers, and large investment houses.

I am confident the share price will increase dramatically in the short-term and will continue in an upward trend across the medium term as well.

Well done to all holders.