Ann: Board Restructure and Cost Savings, page-111

The writing was on the wall when Dr Alistair Cowden wrote the introduction to the annual report,
he went on to say ....

We are now on the eve of publishing the Definitive (Bankable) Feasibility Study (DFS) for the project. Shortly we will have a Project that is development ready, which will have a long mine life and produce a world class product in a part of the world that is close to the likely major markets for lithium batteries in Europe. At that time, the project will be very attractive to potential partners and financiers, there are few, if any, development ready lithium projects of such scale.

I am picking the DFS will be released to the market before the end of this month, before Chris resigns.

He also says in the above....the project will be very attractive to potential partners and financiers


The lithium becomes a tangible asset


And potentially invites equity participation ...

.