General PSC Chat/Discussion, page-263

Correct me please.

Comparitive analysis SYA.

you know that stock, just soared 300% in recent months which was based on its approved acquisition of NAL.

NAL…114000 tonnes per annum of spod (less than 1/10 of ours)
with only a 13yr nine life.Appreciate the acquisition came with an existing mine worth circa 200M.

They also have prospective areas in Aust for both gold snd lithium.

Previous to NAL market values that at about $120M. (No pfs yet done-purely speculative)
That leaves the market value put to NAL at $180M (current MC 500m less $200m for plant less $120m other assets).

On my simple logic and in noting we are arguably equally advanced to commercialisation as SYA. (They say late 22, we say 23 but they will undoubtedly have unforeseen delay in start up)

Again, our production of 1.4mpta vs SYA .114mpta

Their production is 8% of our stage 1 and 4% of stage 2

Why aren’t we 1b MC right now.??