CATL’s IPO and reference to Manono, page-132

"And ultimately 13359 was the ticket for them which they passed on all costs agreed upon to AVZ directly with Cominiere"

Totally agree and theres no doubt in my mind that the roading in is for the benefit of the whole region and open up the area and thus of course will be a benefit to any sites/tenements that Dathcoms have in the area.... but it just feels that the meat is AVZs Manono

The research permit allows for exploration activities, but this permit doesn't allow for use the water and forestry resources inside the mining perimeter; since these sites are in even more remote areas with zero what you could call townships and associated infrastucture . I very much doubt that any bores have been done on these sites; trucking rigs and water in for research purposes would be.... as you say "SAS training excercise" and extremely expensive; all the sites you were saying were connected with CATL have expired and these site of Danthcoms are 3 months from expiry....the thinking of many wold be that these sites would have progressed to exploration if they were so hot .

"But the only thing that differs with the other sites and 13359 is that early stage drilling has not happened because they haven't found another AVZ. Which is crazy."

Of course there are other resources out there to be found...thats why we have exploration companies; but i studied archaeology for a bit and i can tell you that townships generally pop up around an area that provides some ingredient for growth; a township spurted around manono, theres a large brownfielsd mine there and artisanal mining still goes on. This doesn't seem to have occurred at any of the sites you mentioned; like water finds teh path of least resistance, humans will look to seek prosperity...thats not to say that there nothing in those areas you mentioned, but nothing seems to have progressed in any of them either .

"Because the mineralogy for the area dictates that a bomb should be dropped and run 100sq km through a plant lol"

well this is a good problem ( if thats what you want to call it ) to have; but trying bulk distances up by stating 100sq km is a bit silly. They'll be running minimum CAT 755's or equivalent trucks , these work out at about 50c per tonne per km to haul on these units on haul roads with a site...so add $7 per tonne (14km X 0.50c) worse case scenario if they were running full length of the site.

In any case this thing so big that i wouldn't rule out it being carved up...there will likely be a number of plants on this thing by the end of the day...but anyway we'll not worry about that now and the Chinese can decide if they can deal with 50c a tonne i.e $7

"I can send you the converted JV if you like for your own clarification"

Please do, [email protected]

But also you also never answered my questions...the sites you claimed are connected to CATL; how do you know these are connected with CATL and why would CATL be interested in tenements that have even worse infrastructure than Manono , walking tracks at best and the research permits have expired; its a bit odd to let permits expire when a Chinese giant is interested.

What public/market information is out there connecting CATL with these sites..odd when theres not even an application in..

Why have Dathcom not applied for exploration permits for sites where there research permits are about to expire...personally i think thats a bit odd if they were so sh~t hot..