Ann: Reinstatement to Quotation, page-261

Hi you are making a valid point @ThePennyChemist, AEV resource is just too big even to compare with other phosphate players on ASX. AEV own at least 50% of total Phosphate reserves in Australia. See below.

I keep repeating here but for a junior explorer, size of the resource is what matters. Wonarah is just massive and probably one of the largest reserve held by a single entity outside Morocco and China.




Geopolitics will play a significant role in capital allocation for Phosphate extraction

Currently there is over reliance on Morrocco and China.

Geopolitically, it is so important for the Western world to start producing in a place like Australia. Australia has an estimated 1,100mt of Phosphate. And of this, AEV has at least 50% (533m tons) of the reserves. Let this sink in for a moment.

https://www.statista.com/statistics/681747/phosphate-rock-reserves-by-country/




LFP battery is the long term money maker for AEV though.

What made my investment decision in AEV easy is the NT Government involvement. This simply highlights how important AEV resource to Australia's future EV ambitions!