Ann: Pause in Trading, page-10

Feeling like it won't be a CR yet and that would be Q1 next year. Paul is strategic wants to avoid dilution where possible but if a CR needs to be done then that is fine.

My thoughts on possible major announcements in the near term.

• Reung Kiet Met results finalised in December - unlikely for a trading halt
• Tungsten Met results finalised - unlikely for a trading halt
• Tungsten strategic partnership - possible but a little early
• Kata Thong Geothermal Lithium and Hard Rock Licences - possible that 2 of the 5 have been approved. Last update was "Two applications (DSPLA1 and 2) are being prepared for consideration by the DPIM sub-committee in Bangkok, the final step before being presented for approval."
• Lithium strategic partnership into downstream production - possible
• Progression of applications for projects at Ranong announced - possible. Hopefully will go from General Prospecting Licences to Special Prospecting Licence Applications (like Kata Thong) with details on what they have found.
• Additional support from the Thai Government - possible