Explanation Needed, page-20

The madness on these forums at the moment is ridiculous.

Nothing has changed fundamentally in the last month.

It’s hard seeing values go down. It’s actually a weirdfeeling being disappointed with losses but being excited of the opportunity tobuy more.

The simple fact is PLS has the highest quality material the batterymanufacturers are after. We are also one of the best placed in terms of costs.

EV penetration worldwide is currently around 2%. Theinflection point on the S curve when things go bananas is somewhere between10-20%. So likely somewhere between 2022 and 2024. Without accounting for home storage,buses etc etc etc.

Ken has done nothing but tick boxes. Take this as ablessing. Buy more. Ride the wave. I’ve seen this stock go 6c-3.4c, 40c-22c,80c-32c, $1.25-$0.59. I have no doubt it will continue to be a bumpy ride. Butsometime during that inflection period instead of the share price halving, it’sgoing to rocket.