MOU with Czech government, page-22

From RNS on 27th June:

'The Company is actively engaged in discussions with potential European strategic partners with regards to the funding and development of the Cinovec Project. Given the high level of interest in Europe in the lithium market, the Company is confident of a successful outcome in the near term in this regard. In order to allow sufficient time to finalise discussions and properly assess the various options open to the Company, the Company has arranged an interim funding facility to maintain momentum in developing the project.'

IMO the potential European strategic partners have been awaiting this MOU with the Government before agreements are put in place.

'The MoU formally notes the Agreement between the Czech Republic and Australia on the Reciprocal Promotion and Protection of Investments, signed in 1993.'

This section of the MoU gives assurance and protection for all parties involved.