Ann: Remarkable 6.0% Lithium Oxide Intersection at Seymour Lake, page-58

A lot of fund managers are at mercy of their mandate and investment strategy as per their financial services guideline. Let's look at Smallco for example. They can only invest in "blue chip" and have certain % of cash reserves at all times.

Most FUM (funds under management) have limitations on investing in "speculative" or companies with less than $100m market cap. If you remember GMM, their interest and volumes increased significantly once their SP was 22c and above as that marked the $100m market cap for funds to invest in without approval from the board.

At this stage the institutions that can be interested are brokers who only really start to get involved and take positions prior to any capital raisings they can be part of. We saw this with the 2 previous raisings but their motives have been to make their gains from the discounted placement. What we really need is a capital raising partner that sees the long term potential and is wanting to be part of the ride up!