Ann: PLS: Pilbara Minerals to acquire Latin Resources, page-51

With regards to salinas DFS should significantly increase NPV to above 5Billion evening if using a reduced SC5.5 price of $1000. Appropriate market value for this should IMO be about 30-50% so at least 40c/ share. I think there will be interest from RIO-previously some interest at time of initial salinas discovery, land acquisitions around salinas, committeemen’s to provide lithium to car/battery manufactures and issues with their other lithium ventures. Might also get counter bids from American company;s as salinas will likely be the quickest/ low cost asset to market in close proximity to the US