Ann: Extension of Voluntary Suspension, page-28

IMO, Mark was having confidential negotiations with other parties months ago and all was on hold until merger.

Don't forget that PLS is at the first stage and selling now stage 3, so no surprise here with A40 going the same way. The only difference is amount of proven resources.

Burwill could be too small to take all future production on time and other party is desperate to secure quality product.

All parties trying to find win/win solution and that takes time. I am confident that after a year of frustration with merger, many of us are not keen to sell now at current price so whether is a week or month in suspension it is not so important as is a good deal securing regular shipments, good price and prepayment to speed up stage 2 and drilling.

Interesting factor is recent actions in lithium sector. If Li price is in decline why we are having so many deals deals going now with Aussie hard rocks? PLS, AJM, MIN and now A40.

Longer it takes, is a sign for me that any new deal will be very beneficial for A40 and next six months will fly us to previous SP value based on future potential of A40.