Ann: Rincon EIA Update for 10,000TPA Expansion, page-25

I’m under no illusions we are going to be producing High battery grade Li carbonate next year which is going to generate cashflow for the company! This in itself speaks volumes of how under valued the MC is currently and I’m anticipating from here on as development towards production nears and the project derisks even further, a significant rerate will occur.

“The Company acknowledges the increasing interest from various international lithium carbonate end-user customers of Argosy’s ability and expertise to successfully develop the modular 2,000tpa operation and 10,000tpa project expansion, and become a commercial battery quality Li2CO3 producer. This interest is instigating considerable recognition for potential off-take arrangements and associated strategic propositions.”

Gltah