Ann: Exploration Milestone Acheived and Completion fo Placement, page-21

i stole somebodies homework......it illustrates the value difference between QUR and a few other lithium stocks, giving a market cap value per tonne of resource....its a few weeks old, but clearly shows that QUR, while having a small resource at the moment is clearly undervalued.
Another stock with maybe the closest comparison would be CXO, with a similar sized deposit of an estimated 4.5Mt, has an MC of 35M.....or $7 p/t.......
   something to think about

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0	{colgroup}
1	{col=116x@}{/col} {col=101x@}{/col} {col=129x@}{/col} {col=117x@}{/col} {col=116x@}{/col} {col=138x@}{/col}
2	{/colgroup}
3		QUR	Nemaska Lithium	BGS	PLS	AJM
4	Resource	4.3mt @ 1.3% Li20	28mt @1.57% Li20	15.5mt @ 1.48% Li20	128.6mt @ 1.22% Li2O	18.4 Mt @1.07% Li2O
5	Market cap	$4.7m	$418m	$58m	$588m	$262m
6	Market cap/Resource	$1.09 p/t	$14 p/t	$3.74 p/t	$4.57 p/t	$14.23 p/t