Charts for COB, page-52

At 95c we are about 30% lower than previous high...and cobalt prices are about 20% lower than prevuious peak, however much stronger tailwinds
than previous SP high 2018.

1) New US / AUD strategic mineral funding initaitives - Joe our CEO core part 4 ceo delegation
2) Federal govt stargeic importance letter - remove red tape.
3) Ongoing discussion EV OEM's customers
4) Progess on mining pilots and validation of appreoach

Next 1 to 3 mponths....we must break SP > $1.30
assume Cobalt price continue and our new tailwinds

Long term fully operational mine, we are look at SP of $3.50 to $4.50