Ann: Pioneer Dome Scoping Study, page-20

Most credible lithium experts including Benchmark minerals, Joe Lowry and RK equity do not believe prices will crash.

ESS have assumed prices will crash 75% from US$6,000/MT to US$1,500/MT.

ESS should perhaps be renamed to EGS (Essential Goldman Sachs)!!

I now want $1+/share as all I need to do to get a $1 Billion dollar is multiply their Spod assumption by 3 or 4. 2 X would be extremely conservative and would still give a $700 million NPV.

Management need to step aside and let some competent new people take it from here if they can't extract reasonable value for us - the owners of this company!!

How on earth do they think they will get 75% with this bu!!sh!t.