Ann: Becoming a substantial holder, page-5

IS this better?

COMPLETION OF A$10,000,000 PLACEMENT TO
SINOMINE AND US$10,000,000 PRE-PAYMENT ON
US$557MILLION OFFTAKE WITH SINOMINE
Highlights:
• Completion of placement to Sinomine of A$10,000,000 at 6c per share
• Amended US$557 million offtake agreement signed with Sinomine
Resource for approx. 70% of Phase 1 production over 7 years1
• Repricing of spodumene and petalite formula resulting in a projected
US$61m increase in Project NPV to US$401m
• Sinomine Resource to make an additional US$10,000,000 prepayment
under offtake agreement
• Prospect takes back control of build and finance timetable