Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-67

Fair points, but you do realise the average time for a company to go from mining to production is on average 10-15 years?

LPD is at the finance stage in about 8 years since JW took over in 2016 with the newly formed Lepidico company.

These things don’t happen overnight either and LPD still not faring too badly if going by average timeframes for producers. So they have ticked plenty of boxes. Far more than other lithium hopefuls who are far further behind in over a decade.

Agree though, interviews are weak as piss and fail to address key shareholder questions for things like delays. Basically leaving members to try and put the pieces together.

The last Crux interview was very one sided and poorly articulated re the constant delays. Matt Gordon allowed JW to take the easy way out and conveniently drop it in the next report. These finance talks have been going on for a couple of years now so some real answers were fully justified.

It’s the shareholders who pay and make the company.

They have a right to know exactly what is going on with their investments.

Without shareholder funding, LPD would not exist.

I hope they remember that for the next interview.