Ann: Successful $3.5M Capital Raising, SPP to follow, page-45

Spot on. Some will still participate because there just isn’t all that many shares available under 47 cents as we are talking a bit over 5,000,000 units at that price to raise $2.5 million.

People chasing the same or a similar amount of shares on the open market would push it back past the raise price.

In a week the world will remember that although Tesla is the loudest participant & it’s been top dog without any real competition that the number of vehicles all the others- as well as Tesla - will soon be pumping out requires a lot of investment in to our space and I believe it will be the bigger deposits that get serious partners first.

It’s very obvious that Elon Musk airs this thoughts on twitter. What we see isn’t necessarily the end result of a line of thought but the line of thought itself.

We still need a lot of nickel and cobalt- cobalt of course coming in to its own over time with a wide range of applications from jet motors to 5G items and of course all its existing demand streams.

If any doubt that then they can take it up with the EU- who has just hit the panic button saying they will need 5 times current cobalt levels by 2030.