Ann: Letter to shareholders, page-160

Will get in line and 2nd that @Kevyx as I've appreciated your thoughtful posts for a while. But absolutely management certainly need a pat on the back and GF in particular. let's hope we don't show them poor faith and flip for the easy $$'s when there could be bigger money at play... Lithium ETF bouncing today and a little bit of love for the Briners today, ASN, LI3 etc so I think we are looking into a nice little period even if many have been taking $$ away over chrissy

From what I can see from the deferred securities, it looks like a touch over 140m shares will be issued (coming in at 140.5m) so total SOI will be about ~316m for around a $12m Market Cap and an EV of $9-10m (depending on debts - as the directors are owed quite a few)

Take nothing away from the likes of ASN and the folk there who have made some serious biscuits, but they can put all the spin & guff out in the world. The fact is Geoff has been working his little socks off at the geophysics and the targets and I think the drilling will really surprise people on the upside.

Updated peer comparisons make RLC look like a gem, particularly with not just one but 3 cracking brine targets...

ASN - $32m MC
LKE - $42m MC
PNN - $19m MC