ASX Today, page-42217

Hi @yaschmidt

I'm not familiar with your analysis and I'm not doubting it. My response to this situation if economic conditions deteriorate for us is that from LTR perspective, the company has the capacity to tough it out. We have money in the bank and China is churning out EVs at an increasing pace. Further, LTR has offtakes in place for its product and we are producing.

If tough times are ahead, there is the interest rate lever that will come into play with cuts in prospect. Our fundamentals of quality etc and having finance put us in position to benefit in a relative sense to those who are higher up the cash cost curve and or do not have adequate finance in place. Lithium remains a future facing industry and climate action will continue to become more and more pressing each passing year. I'm looking forward to hearing TO tomorrow as we get on with producing top quality spodumene concentrate for a hungry market.

regards
DF