Ann: Phase 1 Economics Updated and Improved, page-80

Last corporate update 2/11/22 indicated green hydrogen and ammonia was being fast tracked for 2024 and beyond, LPD are not letting their competitive edge slip away. Currently energy costs have ballooned for all producers, developers and explorers along with the extensive lift in inflation cost for other imputs along with labour shortages.Covid has not gone away, and along with draconian lockdowns in China this is profoundly affecting supply of goods, their method of containment seems to be losing ground and the people are starting to fight back .A move to introduce the better mRNA vaccines on a grand scale might give them more confidence in relaxing lockdowns, some how or other Xi will have to capitulate but he will need to save face when he does. In the mean time BHP also said " Potash seems poised at the crest of its stunning bull wave, driven by strikingly positive downstream fundamentals at a time of both constrained and uncertain supply." Considering the massive amount of sodium sulphate produced from the increasing spodumene refineries that will eventually become a waste product, the potential for bolt on LOH capabilities to produce potassium sulphate must be starting to stare a few corporations in the face. A few astute investors may be looking to this future with their cheque book.