Chart, page-2071

PLS is fully funded to production, long term offtake, long mine life (long time to spread cost of mine investment)
Potential to significantly increase resource,
Higher grade resource. Option to double production at low future investment.

Mt Cattlin has 10+ times less, lower grade, resource. Higher production cost. Comparatively short mine life, thus less time to spread cost of investment, etc.

However GXY has higher value than PLS, atm.

Gxy does have other resources that are not funded and not de-risked to production.

I hope that answers 'but we are already producing' argument thats thrown around HC. When comparing to other lithium players.

Cheers