Ann: Production Update and Lithium Occurrences, page-10

Interesting that both companies (OBM & RDT) have a very different opinion on the lithium at Mt Ida.

• OBM says that the lithium ore is mostly lepidolite and they they knew about it the whole time but is of little economic significance.
• RDT says that the un-sampled hole IDD002 is actually spodumene (and you could assume at least some of the others). They say that lithium at Mt Ida has been overlooked and it s potentially company making acquisition.

Obviously both companies are spruiking their own agendas (the proof will be in the pudding), but this announcement may as well been titled "Excuses why we sold potentially good lithium prospects". It reads like the person in charge of resources and exploration is trying to justify last years $650k salary and bonuses (re. annual report)?... OBM knew lithium was there the whole time, just purposely haven't done any work on it till RDT alerted the market to it?.. I call BS.

But don't worry, they will now go do some work on the other lithium targets around the place!