Ann: Change of Director's Interest Notice DD, page-65

Fair points.

There is a lot of talk at the moment that the Lithium price will be back to between $30k and $40k per tonne within the next 6 months cause of all the producers and developers shutting down and throttling back production. Whether this eventuates is difficult to tell but I will go with my feeling that Goldman Sachs (GS) and Bank of America (BofA) are off base with their forecasts and haven't done deep enough analysis as to the variable impacts of what a sustained lower Lithium price at $10k a tonne for 6 months will do to the entire Lithium supply chain all the while demand still increasing at 30% or more year on year.

Either GS and BofA are wrong, or I am. Time will tell in the next 6 months or so.