General Discussion Banter GLN, page-7373

Just came across this - it's not listed on YouTube so probably why none of us had found it yet, but I'm sure there is some interesting info in this.. I've included some of it below incase anyone cbf watching it. JP starts at 5:42 and the Q&A at the end starts at 21:38.

With Lithium Chloride:

- Decrease Capex from 340m to 200m

- Timeframe to Produce 5 years to 3 years

JP did his masters in Mineral Economics with Raymond so they obviously go way back (Can't remember if this was ever mentioned how these two had connected)

Question from an attendee of the conference:

“Can you build this on your own? Or do you need a strategic partner, Chinese or western?

JP's Answer:

“Wanted to raise 30m, ended up raising 50m, because there was an interest for 120m, so we took 50m at the time”

“We are open to investment from all over the world, with Ganfeng owning 6% indirectly”

“Open to discuss with anyone who can make a contribution to develop the project, and as long as it makes commercial sense, we are happy to take money, could be from China, could be from anywhere, Ganfeng is already there”

“We will take the money from whoever offers it, so we can accellerate the project as soon as possible so. We will welcome Chinese investment, we will welcome an investment from anyone who believes in the story for us to be a producer. We haven’t done it yet, we have just done a cap raise initially in Australia, with a lot of funds already involved in there. The next big leg of funding we expect in 2H next year, prior to finalising DFS because this is where the big money from investment will be required, could be anywhere between 200m if we are going to go just to produce LC concentrate, or upto 400m or 450m, if we are going to be developing the project to produce lithium carbonate at site”.