Ann: Appointment of Leo Lithium Managing Director, page-16

Well... there's a nugget of news!

Unreal appointment really - plenty of lithium operations starting to spin up, although few with the funding and advanced stages such as ours. To have Simon Hay take the helm here is, in my opinion, an unreal win. Generous package, but performance speaks, and will be tested with the package. Furthermore, would we want to save $300k and get half the experience? Hell no

We are in a winning position here.... whether or not it re-rates today, tomorrow, this FY or next, it's got bags all over it. Just think about this

• With the knowledge and technical expertise from Ganfeng on board, we are able to adjust our mining approach to ensure maximum downstream value in the supply chain. Not to mention future potential of hydroxide plants on site etc etc (although let's not get too ahead of ourselves)
• With the knowledge of Simon Hay on board, we know how to run a Tier 1 project as though we were in a Tier 1 juristiction... with Tier 2-3 operating costs = $$$$ winning
• Add this to a resource open in 3 directions and at depth...