Ann: Phase 1 Economics Updated and Improved, page-20

Interesting read, great to see some updated numbers that show a profitable pathway lays ahead with some what I would call conservative price estimates. But such estimates are sensible. If we look at the estimates and when P1 should start up, it shows the importance of no more delays, no more second guessing. Actions need to be taken, finance needs to be secured, construction is needed. Once complete, expect a year of ramp up and qualification. Therefore, the more the project can meet current estimates, the quicker the company can pay back any debt and put itself in a very stable/secure position (based on forecasts, which maybe conservative, but important to consider).



Therefore, it is imperative that the company get the debt package sorted out in the next 4 months. Nothing else matters now. The company needs the funds to start construction. Without the funds the company is nothing more than a dream. So holders, sit tight and be prepared to wait for this bit of news. Can the company convince the banks to hand over the money. That is the question that will make many of you either a multi-millionaire or someone with lots of capital loss to use towards gains in your other lithium stocks.



Good luck all. With financing, this company will be rerated substantially higher. Unless your trading, the share price today is meaningless, just need to wait and see what the company can achieve and most importantly on what terms.