1MC 20.0% 0.3¢ morella corporation limited

Ann: Stage 1 Operations Update, page-7

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    STAGE 1 OPERATIONS UPDATE
    Altura has shipped four (4) cargoes totalling 24,000 dry metric tonnes to
    Chinese based converters with the last cargo departing Port Hedland on 27
    December 2018

    Shipments have exceeded customer expectations with grade as high as
    6.2% Li2O and averaging 6.1% Li2O, 1.04% Fe2O3 and 0.63% Mica

    Altura plans to dispatch at least one shipment per month, moving to two
    shipments when nameplate capacity is achieved.
 
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