it’s now 9.63MT at 1.3%. And we have an imminent resource...

it’s now 9.63MT at 1.3%. And we have an imminent resource upgrade which should give us quite a bit more. We could very well also reach or surpass what Taw/A40’s reserve base was when they first started construction, which was 5.7MT in reserves.

We also have an updated DFS which is expected to drop this month.

Our previous DFS was based on 2.2MT reserves, 5.5% Li20 at 71.7% recovery, with a 3.5 year mine life all for a NPV of $114mil.

Our updated DFS could very well be based on 5MT+ reserves, 5.7% Li20 at 72.5% recovery, shooting for a 10 year mine life, PLUS 200,000tpa of 1.2% Lithium fines, plus potentially 100,000tpa of feldspar byproduct, all for an NPV of ???

So you may very well have chosen a pretty good time to jump on board:

* resource upgrade due this month
* mining studies and upgraded mine life due this month
* upgraded DFS due this month
* potential additional concentrate offtake to come
* potential lithium fines offtake to come
* potential project financing to come
* and once the above is achieved, FID and commencement of construction

the recent CR has put a bit of a handbrake on our SP, but hopefully with these upcoming announcements it will allow our SP to build up a head of steam again.

IMO

GLTAH