Ann: Presentation - Strategic Partnership and Long Term Funding, page-278

Suggest you remove that post for unsubstantiated commentary unless you have some news not released to the market by LTR regarding bank funding. Everyone (including mods here) can listen to the LTR call to hear exactly what was said on that topic (or other market commentators who have since published on the same topic). Your public statement here is just plain incorrect as measured against the company’s presentation statements and responses to questions.

As to your rushed calculations about returns based on recovery rate statements:

1. Do you recognise what ramp up means as compared to steady state production?

2. Exactly to whom does the company have any obligation to publicly release any information about projected recovery rates? There is no banking syndicate to whom updated information is required to be given - that funding is all effectively “in-house” now via tier one offtake partner with vested downstream interest in the spod to be produced.

3. Have you considered that statements such as the one made in Q and A might just cause further short burning once real recovery starts to flow in .. “oh we were just being highly cautious when responding to that question … our first 1 week of recovery was down at that amount but that was just to ensure process water flow was functioning fully in the plant before we cranked up the recovery rate optimisation process … sorry did someone who isn’t helping this company growth short further on their own assumptions in the meantime - opps”.

4. I’m more than happily to sit and wait now for ACTUAL output and sales information to flow once in production - the noise that you and other detractors will now try to throw is oh so obviously aligned to trying to manipulate agenda for all those caught on the short side now with NO capital raise through which to buy back.