Notice Received, page-7

What a con job. the geologists could have easily known whether there was spodumene in those cores or not. They reported it as good looking cores. I thought they looked good compared to others I could see on the internet. I was wrong. I was terribly wrong and I would suggest insiders WERE selling as the geologists would have known that drill core was mostly quartz or feldspar or whatever.

No wonder they showed only one photo of the drill core. I have just given back half of this years profit, and to add insult to injury, I had a buy order in down lower, that I had forgotten about hit this morning!!
Because of the selling in the last 3 days, ASIC SHOULD investigate, as it was, in hindsight, obviously insider selling. This has cost a lot of small retail holders a lot of money.

This was stated in their original report on the drill core of the pegmatites............

" The lithium baring minerals identified to date are spodumene and accessory lepidolite."

The geologist that wrote that SHOULD have stated very low levels in the drill core, as he could CLEARLY see what was there. We only had a photo.

The company again in hindsight, talks pegmatites and lithium, NOT Spodumene!!
The photo of the rock does have some spodumene in it, but that might be the only spodumene on the entire tenements.
They had dropped the plan to drill Axis in the quarterly as they knew there was nothing there, so should have told shareholders or put it in a trading halt knowing others/insiders were selling!!

I have no respect for these people and will be asking ASIC to do an investigation and hopefully lay any appropriate charges. This is just a disgusting rip off of investors.