Ann: Trading Halt, page-26

Any thought as to the value of the Lithium assets? CXO recently bought some with a tiered buy in effectively $1mill per discovered Mt of resource once it is drilled out. No idea obviously what kind of offers they've had for the assets, but just based on that one sample if structured the same say 12-15 mill perhaps as an earn-in style thing per Mt for Cancet alone (that's be to 100% earn in or shares in the buyer, they could retain some too). If outright cash purchase I'd expect it to be a lower amount. Personally I don't want them to dump the Lithium assets yet as Lithium as a long way to run, it's only getting started, so maybe a split out woukd make sense and it's end up valued somewhere between 10-20 mill as stand along at the moment possibly?

Given MTC's market cap on the basis almost exclusively of Sturec as everyone's sort of not counted on them doing anything with their lithium assets is about 20 mill would think regardless of which scenario there is upside here.

Just some musings as to maybe what's to come. Interesting times.