Tree Shaking, page-6

Agree now that we've retraced to the SP for the CR, really can't see it going too much lower than this. Big challenge will be newsflow both for AUZ holders and relative to others. There are number of other cobalt players out there who will likely make announcements in the next couple of months - some who may well confirm deposits with very high Co concentrations (e.g. EUC).

We really need to have consistent positive news flow then we will see steady SP increases. I'm fortunate to be in at 2.5c and would like to see AUZ both start shipping product and also announcing reserve upgrades. If both of these happen then we should see major rerating - MC of $240m will be way too low once we're shipping, put reserve upgrades on top of that then we could see major rerating as instos will see that plant builds / upgrades should be financeable from operating cashflows.

GLTARH, DYOR, etc