AGY - Scaling up, page-37

Ok - that was a good post, thank you.

My question is this then, that 20 ton that you shipped what is the cost break down? What did it cost you to produce battery grade quality from the low lithium concentration salar and what did you sell it for? Was it profitable?

So you are familiar with Pablo's process? You should have said so earlier, as I have already contacted Jerko. You say it does actually use the traditional process of transfer ponds, halite ponds, sylvinite ponds and carnallite ponds? If the 20 ton you produced was not profitable, how will it be profitable when you scale to 2,000t/pa or 10,000t/pa?

And one last thing - when can potential outside investors expect a DFS from a reputable provider? As you know, obtaining finance is reliant on a DFS as this is a fundamental step in the DD process. FYI - I asked this in my email to Jerko as well.

Thanks in advance.