Revenue, page-73

DLC owns 11,000,000 shares of the PRE back-door take-over of PNE which will then join with ownership of CFE in the new listed ASX stock of EL!

Lithium Market
The global lithium market is a combination of surging demand and tight supply.
All the projected lithium oxide production is subject to MOUs with major off-take partners in
China, Japan, Americas and Europe. These off-take partners have substantial expansion
plans to meet the anticipated demand for electric vehicles but will be restrained by the lack
of mine supply of lithium products.
World forecast demand for Lithium by first use (t LCE)
Source Roskill, Jan 16
• Lithium-ion batteries driving demand
• Plus 20% annual growth since 2000
• Currently 30% of global market
• Electric Vehicles
• Currently 3% of global lithium market
• Accelerated growth expected from 2015
The electrical vehicle market is rapidly growing (122% CAGR in 2010-14, source:
International Energy Agency), either plug-in hybrid electric vehicles (PHEVs) or battery
electric vehicles (BEVs). The majority of these use lithium due to its cost benefit, which
reflects its currently unrivalled energy density per kg of weight. This latter point has been​

used as the principle guide in designing suitable battery packs for automobile use.


Everything is starting to add up here.

And this here also.

The Paynes Find Gold project will be retained by the Company with minimum expenditure
commitments satisfied so that the tenements remain in good standing. The project will be
subjected to a detailed review by the incoming management team with opportunities to​

develop and or joint venture being encouraged.