Ann: Quarterly Activities Report and Appendix 5B

I'm very encouraged by three comments within the Quarterly:
1) LCK is progressing with offtake discussions with several parties. It should be of no surprise that the level of interest by other parties is serious given international developments over the last three months.
2) The world gas prices may change but our cost of production remains steady at $1/GJ. When our original PFS was delivered urea prices were at AUD$400 per tonne. Urea is now selling at over AUD$900 per tonne. Delivering on an offtake agreement where LCK gets the benefit of
the increase in urea prices rather than an offtaker has been front and centre in our discussions with offtakers.
3) These discussions will be concluded in a structured manner in conjunction with strategic partner and financing discussions.

Now...I know that we have been waiting a while for this..nonetheless..it is still encouraging.