EUROPEAN LITHIUM LIMITED, page-522

I suspect DFS by end March will be a challenge and they have given themselves a bit of wiggle room.

I would not be surprised if it were delayed till April / May but this quarter would be very good indeed if achieved.

Lots of delays everywhere at present - especially in WA. And I suspect Europe is a bit of a challenge also.

Meanwhile, all these delays keep the Lithium market in deficit which is supporting chemical prices and certainly producers / near term producers.

Could be a pretty good 2022 if Russia behaves itself!!