SYA - Chart, page-2454

Not sure what you mean by diff price point. But anyway I imagine it means the difference between the credit raise price and share price. I don’t see how this can affect the fundamentals. To me the fundamentals is what the company has and what it is doing with it. So no fundamentals have not changed. The fundamentals is all about having a quality resource that has been completely proven through drilling and studies. The fundamentals of our studies are great, good profits even at a very low price of spod, around $550 per tonne from memory. The price of spod will not go that low even with new supply coming on line. With all of the Giga factories being built and massive demand for EVs. Not sure Australia is ready for mass movement over to pure EVs, but if every car make had a hybrid option right now I’m sure there would be massive demand.

China has massive demand because of government ensentives and the right kind of infrastructure. A while ago I read that every new car park and unit block must be fitted with charging stations, they also have much bigger options in terms of models. We only have a few of the tiny cars from my knowledge or a very long waiting list for anything bigger. Our family of 6 will need to wait a while. We will not know what the real demand is until more options are available and ready to go in the showrooms.

So we have a great resource that no body can argue with ready to go with a relatively small funding arrangement, $60 million is very achievable when the market is ready. On top of that so much upside from the Pilbara and the gold resource looks like a winner before we even start drilling as a seam runs through our tenement based on the studies around it. Other than the fact our retrace was higher then most of the other good lithium stocks, this is one reason why our gain was bigger today than any other lithium company on my watch list.