Ann: Globally significant MRE of 59MT at Adina Lithium Project, page-193

Hello. Possibly. But the lithium price is falling, now to $1,600/t and there are forecasts of $800/t and oversupply next year. Just because LRS is valued at $XXXm does not rule out it may be worth nothing. I recall its feasibility had US$536/t or so OPEX and we can never rely on these forecasts. PLS did not make a profit for its first 2 or 3 years of production. While the WR1 deposit looks good at surface, this is not the entire JORC. Personally, I would not use LRS as any standard. For an amateur like myself, the LRS deposit looks horrific.