Ann: Appointment of Chief Development Officer, page-22

I would say to the management that they shouldn't narrow themselves into acquiring Li players. We're a hard rock miner, this is what we're good at. Therefore, we can do other minerals for this green energy transition. PMT is in particular expensive in my opinion. Li margin is huge for any miners out there and a catch up would happen sooner or later. Any longer term to production carrying higher risk that will land into low Li price/margin when it eventually can produce. How about copper, nickel, cobalt or even rare earth play? Or closer to home with LTR or CXO that we can gather enough concentrate for our own refining plant?