Ann: Siviour Battery Anode Material Study Results, page-202

One other thing that has come up today as a potential issue to keep an eye on is the qualification of the material from our interested parties.

This hasn't been addressed for a long time where I remember RNU was doing this work over 12 months ago, yet there's no announcement to say any of our customers are happy and have accepted the trails and samples we have been sending.

I'm assuming binding offtakes will fix this but would be good to get an update or feedback about the samples.

Also price forecasts that assume increases are not ideal...other companies with other minerals have been getting smashed on SP when doing this in their DFS's etc.

Just some things to keep an eye on.