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We should have the next round of drilling results quite soon – potentially next week.
We are also continuing discussions on the funding subject and strategic partner front.

We are in discussions with both sides of Czech politics. The permitting process and legislation with regards to developing the project is quite clear and that development is seen as desirable by both major parties. We hope to formalise these discussions in the near term.

VW’s plans are very significant and they will need to secure a large supply of lithium (amongst other things) to deliver on those plans. They are actively exploring opportunities to secure supply as they have publicly stated. We strongly believe that we could deliver long term, low cost lithium to VW and other European car makers. The proximity of the project to these companies and the fact that we are in the same economic jurisdiction is of benefit.

Whilst VW is talking about moving quickly on this, they are a very big company and will take a measured and nethodical approach.

I think we have some exciting times ahead of us!