Ann: STRATEGIC EXPANSION OF RINCON LITHIUM PROJECT JOINT VENTURE, page-4

hmm...im lost on some details......looks like $900k...$400k from pocitos and $500k from Santa Ines???

and the deal for Santa Ines was originally $1.5m...so in a booming gold market we have sold a project for $1m less than agreed to and 18 months after deal was signed. This is not a good deal.

and are we selling Pocitos outright for $400k or are still in a JV there....looks like an outright sale....a desperate sell for cash. It's the most desirable location of all the salars given its proximity to transport and we've sold it for a few hundred grand???

for me on first inspection these revised sales are terrible business.

they may stave off a CR for a little while but they are not good business and we all know more raises are coming regardless.

Mena cant honestly explain his way out of this one but to be honest he hasnt done an update vid in a long time.....probably a reason for that.