Reply from Dr Matthew Painter re the PFS

Much appreciated RED....Thank you too Matt..With more and more entities deciding to enter into agreements for cathode material at earlier stages i.e. PFS or even SS, what may transpire in the very near future for ARL should be very exciting indeed..

In the text it shows.......

• Nickel: US$0.42 x 0.223 = US$0.09 or 9 cents per pound of nickel sulphate
• Cobalt: US$0.42 x 0.205 = US$0.08 or around 8.5 cents per pound of cobalt sulphate

in the table it shows nickel sulphate

	Column 1	Column 2
0	US$/lb​	8.84​

and cobalt sulphate

	Column 1	Column 2
0	US$/lb​	41.63​