General Discussion Topics, page-94389

No fed meeting in April meaning no rate rises, bank woes easing, lithium sector turning, NAL carbonate plant PFS released in the coming days…

Here’s a few reasons why now is a good time to top up before we run up to our fair market value which is believe is $0.56 based on balance of ore selling at US$5,000/t based on NAL's cashflow alone. It would then be a fair assumption to add the NPV of Moblan DFS to the market cap and adjust the share price accordingly.

• April - NAL lithium carbonate plant PFS.
• May - Moblan drill results (expecting in excess of 60mt).
• May - Moblan PFS.
• May - NAL offtake deal announcement (SYA's share).
• June - NAL 36,000m of drilling (estimated start timeframe).
• June - NAL 15,000m of drilling at Jourdan (estimated start timeframe).
• July - NAL first spod shipment in July.
• Oct - First quarterly with cashflow (September Quarterly).
• Oct - Moblan DFS.
• Nov - NAL 36,000m of drill results (estimated timeframe).
• Nov - NAL 15,000m of drill results at Jourdan (estimated timeframe).

Items in bold are milestones that I believe will raise our support line.

SYA DCF
PLL	113,000	$1,349	$152,437,000
Market	107,000	$7,499	$802,393,000
Total Annual Revenue			$954,830,000
Profit (- PLL's 25% stake)			$583,462,500
NPV (m)	$4,965
SOI (m)	8,885
SP Target	$0.559