Ann: Release of Shares from Voluntary Escrow, page-8

It seems that LTR needs more funds ASAP and well done to CXO management to agreeing to their request
and putting conditions of cross sales within limited time.

Maybe limiting time for sale of tranche 3 could help Yahua to increase their holding in CXO at those crazy prices we trading now.

My feeling is that LTR will also try to unload tranche 2 without any fire sale so they can get good price for tranche 3. Just small lots as 13 mil is not that much.

We could see a small increase in SP but it could be capped by some of short term traders who could take small profits from 0.043/0.044 trades as well as LT holders who in no doubt will try to increase their holding at the lowest possible price.

It is a puzzle for trades but a super good news for anyone willing to wait till the end of drilling results.

There is more positive news coming in lithium sector and a fact that biggest vocal sceptics of this commodity were in fact quietly increasing their holdings in PLS says heaps.

Few analysts as well as CEO's of few lithium produces are talking about kind of corporate activities in lithium sector during third and fourth quater of 2018, and it could put more spotlight on emerging miners ( CXO being among them ).

I understand frustration of many LT holders but others are going thru the same. I remember PLS going in short time from 0.11 to 0.87 back for for 6 months into 0.50's and diving to 0.32 before visiting $1.00+.

IMO, CXO is close to putting all this behind and starting to run north. Perhaps few more months could be worth waiting.

I am going overseas but will be watching all developments on regular basis so I do not miss last bargains before we start rapid rise.

GLTAH