Ann: Appendix 3B, page-3

Justdoit, taking into account where we are in the resource project development cycle, we are in a much better position than most other resource companies. Our share register is still tight and with no further dilution indicated after the 2019 options, it will remain a tight register.

Haha, the Pure Energy Minerals PEA did not propose use of the evaporation pond process route. They are looking to utilise a proprietary lithium recovery process that does not use ponds with an estimated recovery rate of 91%. However their forecast opex is still very, very questionable.