Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

"Cobalt is not the only energy transition metal characterised by oversupply and falling prices. Lithium prices have been on a steady decline since February this year, primarily because of mine growth both in Australia and in South America. Prices currently stand around US$26,000/t vs US$78.000/t at the start of the year. " COB

This fails to exclude Cobalt produced by PUTIN . This fails to take into acc non approved , unethical cobalt mined in DRC or by non friendly countries as defined by BIDEN Inflation Act IMO cobalt in the market that is hoarded by China or as result of gutting the DRC etc and or can't attract Bidens EV bonus should not form part of any estimate of price/supply estimates

Cobalt that cant be sold or used in the biggest EV markets is irrelevant .unless the statements of Biden and BMW etc are just greenwashing and hogwash. If so im moving to higher ground to get a beach front. in couple years Then Ill think about the failure of these gormless policies as I hunt mud crabs in the mangroves where tourists used to roam