Ann: New Larger Pegmatites identified over Tambourah North, page-57

The price pull back is the same across all players eg PLS etc. There are no concerns with MRR. In a sense, I wish I was entering at prices like today's. The fundamentals since it was last at this price to me are such that fair value is far in excess of double current levels. Fair value obviously x2 x3 etc as drilling results come in and depending upon the geological composition of the resource ie whether, as George suggests, it really is a Pilgangoora 2.0. If it were, then we are more like x5 - x10 from currently levels at least.

I post today because an explorer of much smaller size today released an announcement.

In summary, IMI (Infinity Mining) has an exploration licence (E45/4848) at which today it located lithium mineralisation. This is relevant because IMI's licence is directly adjacent to our Tambourah North Project. Our project is specifically mentioned in their announcement in the following terms:






This announcement represents other lithium explorers referencing our discovery as something which is to be lauded. That is exactly why they are mentioning it to their investors. Other explorers accept that George is onto something remarkable!