Ann: Quarterly Cashflow Report, page-91

Lot of noise...

What matter to me most is what our MD stated on the 2nd July announcement …Australian Mines Managing Director, Benjamin Bell, commented:

“ …..“Perhaps most significant for Australian Mines’ shareholders is the fact the material mined from Sconi and processed through our demonstration plant has exceeded SK Innovation specifications for purity and may therefore be used directly in the manufacture of EV batteries through SK Innovation’s world-class plants, which is another first for an Australian project.

“This is a very important step in the optimisation process for our Bankable Feasibility Study on the Sconi Project, and will also assist in the further advancement of project financing negotiations for the construction of the full-size processing plant in Queensland, which will use a replica processing flow-sheet to the demonstration plant”.