Ann: Ida Valley Lithium Progress Update, page-8

So the trick here is to measure a complete greenfield prospective Li resource that measures 2.2 x 1km in for a current market cap of 8 million, and sit it side by side to another Li exploration/mining company that has a similarly sized deposit. If that deposit becomes a defined/viable resource, what MC does the company then transform to? Obviously there is a stack of variables that are in play here, grades, depths, scale etc etc, so it's pure pie up in the sky stuff at this point, but does it become an $80m MC? $160m MC? $500m MC?

This has just become a very exciting, and cheap Li play.