Ann: Macquarie Conference Presentation, page-22

I was a holder of both ORE and GXY before they merged and was quite happy with the outcome.

I have held PLS since they were 87 cents and couldn’t be happier with how they have grown.

Much later I bought into SYA just before they started to produce in the mine that they are in partnership with PLL in Quebec.

If there was to be some m & a happening between PLS and SYA, I would think a good outcome could be negotiated.

FYI the sp for SYA has climbed about 40% in the last three days.

I have no explanation for why this has happened but it followed soon after CEO James Brown ex Altura did an interview on the Rock Stock Channel with Howard Klein.

In the interview he gave an account of the many improvements that have been made at the mine to improve productivity.

As a PLS holder, I would be happy to see the company gain a foothold in North America, particularly if it was in another company that I already hold.

FYI SYA is the only hard rock miner in North America producing spodumene concentrate of any volume.

There are others like PMT and WR1 that have great deposits in Northern Quebec but so does SYA at Moblan.

The main point I am making, is would PLS be better buying a deposit in production already or wait the couple of years it would take to develop one from scratch?