Ann: Quarterly Cashflow Report - December 2018, page-10

Very ordinary report, mining rate down, strip ratio up, grade down, guidance down to possibly 120ktpa , recoveries down, rest of offtake uncertain(who’s taking it) operating cost est $800aud which means margins are are going to be very tight. This will be 14c today unfortunately.I guess this wasn’t the dream investment some made out, Li stocks really were in a huge bubble.I’d be expecting broker down grades here after this result.Now remember all the bashing people did here to ajm holders, it’s looking like a40 lives in a glasshouse as well.