Ann: More EM Targets Emerge at Mt Alexander, page-28

Agree re electric vehicle market. It's forecast to explode in 2022 when the price of EVs reaches parity with existing ICEs. The fall in prices will be largely due to the cost of batteries being lowered along with an increase in battery range. And for Tesla it's all about top quality batteries to overcome buyers range-anxiety.

Regarding battery quality it's becoming apparent that aside from Greenbushes, most WA lithium producers are struggling to reduce high deleterious elements in their veiny spodumene, namely FeO2. Thus it's worth noting that Tesla has recently teamed up with CATL for quality battery aupply who in turn are looking to source shallow, homogeneous and clean high-grade spod from Africa, read AVZ .