Ann: Update related to the COVID-19 Pandemic, page-8

Agreed.

There has been a few silver linings from this virus. Reports have been that cities across the globe have really cleared up in terms of air pollution, this is one of those silver linings.

Will this open peoples eyes regarding the future of the planet or will the virus just be a short term stop?

Rodney Hooper an avid lithium fan has never been more bullish on lithium.

The fact still remains that EVs are a transition to a more sustainable and environmentally friendly energy source for transportation that IMO will be inevitable in a few short years.

The virus may slow down this transition with an economic fallout but it cannot stop it. Countries across the globe have implemented co2 reduction targets and are rolling out EV infrastructure.

You also have large car companies pumping billions into EV concepts, R and D and supply development.

Unless something that is better is developed this short term gain will be what happens as the cost of changing the infrastructure etc will be too much and unnecessary.

INR are also in a prime position. Capable of producing lithium at a lower cost than spodumene or brine producers.

Its unfortunate that we had a bull run, an oversupply bear run and then we are now at a point the market has never really experienced in its history.

lithium however is not a question of if but rather a question of when.