IPO - Green Technology Metals Limited - 28 October 2021 12:30 PM AEST ##, page-2

Applied for some today.

Obviously there are some risks associated with this IPO but the company is targeting to raise between $20m - $24m, giving them a runway of ~24 months funding post listing. That should give plenty of time to prove up the resource then commence Pre-Feasibility-Studies.

Indicative valuation to be between $45m - $49m

Seymour Project already has a Jorc resource (4.8Mt) - small, but still a good start.

Seymour Project - targeting 22 to 26Mt @ 0.8% - 1.5% LiO
Root Project - targeting 20 to 24Mt @ 0.8% - 1.5% LiO
Wisa Project - targeting 8 to 10Mt @ 0.8% - 1.5% LiO

50Mt - 60Mt @ 0.8% - 1.5% LiO

Another factor is the Chairman, John Young, co-founder of Pilbara Minerals, no slouch at all.

Wolf