Ann: Significant Increase to Finniss Mineral Resources, page-190

Can’t help you with the question about costs,except that I always understood it to be $500 tonne but that may have gone up due to inflation,more employees etc..In regards to it being a big worry about 70% of the shares being traded in the last 6 months I don’t see that as a concern because many would have listened to GS report and sold out with the hope of buying back cheaper.I sold at $1.50,$1.40,$1.12 and $0.925.I bought back in at 0.74,0.75.0.785,0.825 and 0.865..So the end result is that I now hold heaps more shares than I previously did.Yes I took a risk at first but after a while I knew the strategy was a winner.
I doubt that the same opportunity will come along again,certainly not for a long time.The reason is that the new resource upgrade is a game changer and there will be plenty more to come and the price of Lithium will be on the rise.We will be a cash cow from here on and so the game has changed.For me the biggest concern is an early takeover bid at a low price.But I think retailers would have seen the Liontown case and the merits of holding tight.For me I’ll be interested at $2.50+