Ann: Drilling to Commence at 100% Owned Scotty Lithium Project, page-19

I know I don't need to tell you to do anything -- as the quality of your posts illustrates - but it's always best to ignore these trembling peanuts as replying only encourages them.

On a brighter note, I'm not surprised by the re-rates of our neighbours in Nevada. Only that it's taken some time for it to happen. These sedimentary clay projects in western USA all seem to settle around the $US25 million to $30 million per tonne of LCE market cap value post drilling with a little bit more added post JORC. Bacanora, Arizona Lithium and American Lithium are all at this rate.

When I look at AZL, it has 4 million tonnes JORC LCE from their oil field brine project in Canada plus another 4 million tonnes LCE from their Big Sandy project (extrapolated from a current JORC of 320k tonnes LCE on 4 percent of the project drilled). Current market cap is around $US180 million but it was priced at four times this a year ago before the problems with drilling approvals with the BLM emerged. I can see LLI getting set for a similar re-rate and significantly larger market cap following drilling and calculation of a resource at the Nevada project. Scotty should avoid AZL's BLM difficulties in my view with quieter and more compliant neighbours. GLTAH.