Ann: Quarterly Activities and Cashflow Report, page-9

Elcorp I believe all the 300K plus will be spent on the lithium strategy because of 2 reasons. 1 unicorn has already had nearly twice the companies mcap spent on it and they are or have received the retention licence for it which means they are not required to spend any money on it or very little at best. 2 lithium is now darts number 1 focus and management seem to be very focused on the lithium which in my opinion is a very good move. They are not jumping all over the place we also have a small gold strategy and that doesn't even get a mention, so for me it's all about the lithium and the brokers are getting loaded before the train leaves the station....hoot hoot