Shipment information, page-220

Hello

I think the first shipment of 18000 on the 2nd feb following the restructure of the offtake was sold to Jaingete

I think the second shipment on the 3rd of Feb, totalling approx. 5000T was sold as a cheap sample to a potential customer because it was sold for (AUD to USD 72 cents) for approximately 524 USD per ton excluding royalties, we know this because the company made it clear what total revenue subject to final assays was expected from these two shipments, and we knew from previous announcements , the first 18000 Tons was agreed to be sold at the old headline price before royalties of 880 USD/ ton

A total of 23,232 wmt (estimated 22,928 dmt) of lithium concentrate shipped on the 2nd and 3rd of February. Revenue from these shipments expected to be approximately A$26 million, subject to final assay.

If you are suggesting others may be getting mid 6's / ton FOB this QTR, do you think A40 is already receiving the floor price of 68o USD/ ton FOB excluding royalties for the additional two shipments this QTR?