Ann: Remarkable 6.0% Lithium Oxide Intersection at Seymour Lake, page-56

Their will be no over supply in -fact estimates from Platts suggest we should have an increase in demand of 16% over the next 12 months and a short fall in supply of 10% all those who are signing up off takes at the moment may also regret this as the price is expected to rise significantly into the next 3 years ......Chinese companies along with Russian/USA companies are eager to sign up companies with a proven minimum jorc of 5 mt in situ ......with grades of at least 1.% ....the winners will be the operations with low capex/opex ....ADV and a few other Canadian based companies with have a 40% cost head start on any other company based in Australia.for the same Quality/quantum supply....