Wait for the DFS - that will confirm the NPV of the Maricunga...

Wait for the DFS - that will confirm the NPV of the Maricunga project. Importantly, the old code assets alone are worth the PFS NPV and more. It would be constructive if the Litio tenement dispute were favorably settled. However, the NPV metrics of the PFS can be more than met by the old code tenements alone. Raising the capital to develop the old code (and Litio) tenements given the quality of the BG carbonate etc should not be an issue. The DFS will confirm all of this.

My proposal is not to develop the WA exploration assets immediately. It’s to drill and confirm their potential. Once we’ve confirmed they are potentially commercial scale we can make choices from there or look for alternative partners for development.