Ann: Exploration Update - Lithium Brine Projects, page-89

A few things about AGY that can possibly help those asking questions about CAD SP and what can possibly be expected in the future. This is my own basic research and I'm no Scientist but I think there are a few things with the AGY story that can reasonably be applied to CAD? AGY from what I can gather is about 12 to 18 months in front of CAD on the road to Li production. AGY (now in TH) [email protected] butwent to 10c last week. Both Clayton Valley Nevada and Lithium Triangle Argentina are shallow brine beneath dry lake deposites. Clayton Vally brines are less potent than Argentina and Bolivia (300mg/l verses 690mg/l). Evaporation rates in Nevada are also less. I understand the depth that the deposit is drawn from will also determine the mineral concentration (deeper has possibly more Li and other minerals at higher concentrations). Obviously, availability of supply and demand dictate price but all looks good there. The proximity of the Claton Valley fields to Tesla look good for CAD. Anyway, IMO I'd be thinking a SP of 10c in 12 months is not unrealistic if all goes to plan. I'm not expecting an explosion but like all you other optimists I'd welcome it!. Please correct me if I've got anything wrong other than spelling........