ASX Today, page-40413

Interesting times ahead.

The way I see it is GR could be waiting for one important announcement. Not finance based!

1/ Proof that the plant works as planned and will produce SC6 as designed.

After this would not be surprised if she makes a move and starts accumulating another three percent under the creep rule and not long after this a suitable TO figure with known partner Rio.

Once SC6 is produced it’s time to take us private and self fund ramp up to 4mt per annum as the additional output will be used to start supplying India in addition to the three current off takes in place.

As we know she shook Modi’s hand in Sydney in May 2023 and will be keen to deliver quality SC 6 Li carbonate to India as soon as possible as her AZS buy with SQM is years away from production.

She’s certainly not going to sit idle at 19.9% and be satisfied unless she has had second thoughts and chooses us as her future partner.

I have no doubt that by the end of 2024 we will know the outcome.

What ever happens we have always backed TG,TO, AS & team to deliver a successful outcome for themselves & shareholders.