General Discussion Topics, page-51874

We continue to be guided FIRSTLY by the performance and valuations of those TWO overseas hard rock spodumene plays. And SECONDLY , I would say we await the announcement from AVZ to see if we get another kick in the guts ' wash over ' effect from what I'm now referring to as the ' Permitting Hangover ' effect.

If the market prolongs the paid , we could be seeing sideways action around the 26 -27.5 areas for a period of time. Should we see more favorable drill findings from Moblan or get any reasonable settling news from Global Markets and the Ukraine / Russian conflict , I would think we will again resume the 30 - 31.5 range again before testing levels again around 33.-33.5.

I don't think we will see the DFS now for weeks if not Months , because , I don't think they have quite worked out the ' Blending ' strategies given most of the ' New ' ore sits at depth requiring ' underground ' mining activities.

I'd of course love to be wrong and have a hugely favorable DFS drop sooner . If this were to happen then my previous 40.0 call via 38.0 -39.0 will be well and truly back in play. So we obviously need to get there first before we start talking and re-aligning further price targets above that.