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Re: None

Thursday, 02/17/2022 4:02:54 PM

Thursday, February 17, 2022 4:02:54 PM

Post# of 1498
Given current situation ( lots of recent things to you can read about on hotcopper ) this is my idealistic idea of the best case scenario for the next month or two.

1. Late Feb - Early March: Successful evaluation of MSB's White Project by the Committee of Ministers..

2. ~ mid March: announcement of potential merger with Bearing lithium (also if Martin Borda wants to join the club maybe LPI will use equity to also buy the remaining private ownership of MSB to become sole owner).

3. ~Mid to late march: ECP contract announcements

4. ~Late march: final details about the demerger of Oz properties and potential merger with bearing lithium and ect.

This structural setup would maximize investment interest and in my opinion accelerate the path to final financial decision. If something like what I propose occurs it will set up for potential major financing updates occurring as early as April. I suggest that if a Mitsui deal is disclosed in April or May then it will potentially include details of installation of a DLE pilot plant and details about stage 2 development.

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