Ann: Permitting and Exploration Update at Yarrie Lithium Project, page-25

Hi,

Gino mentioned that the company has to have a certain size in order to be in a situation to negotiate.

For example any cooperation with Andrada in its current state would only result in Askari being a junior partner.

As you can see from the Namibian exploration map (Link in my previous post). The exploration licenses are very fractionalised.

Size matters.

If we own a substantial land package and find Lithium we will be the deal maker.

I like Gino's approach.

Get what you can as long successful due diligence has been completed and it is reasonably priced.

K