The Next 90 Days, page-3

Good Morning Norway,

This is how I have interpreted your post,
"Crap Spid" = If all of these events occur as detailed in the companies announcement, the SP will be headed to its historic highs and we will have a significant rerate to my $1.00 target after the prolonged sell-down over the past 12-18 months,

I am very excited to see the processing of the Inland Strands that contains significantly higher heavy metals. I too am excited to see the QTR report to see the company's cash balance and if it is on track to achieve its annual production forecast, You only need to look at the table below to see they forecast between 50-100% increase in HM production, (yellow 2022 forecast vs Blue 2021 production)



We only have 3 weeks to see the results of the June QTR production and up to 83 days to hear about the recommencement of the inland strands mining/processing.



Regarding the Graphite anode developments, seeing Mitsubishi has entered into agreements with MRC which have a fully operating graphite mine in Norway and they have also entered into a similar agreement with SYR which is also working with Active Anode Materials and have an operating graphite mine in Africa. I have noticed they have an $850 mil MC

I am very surprised MRC MC is only $45 mil dollars when they have 2 fully operating mines and are linked to FREYR and Mitsubishi, and they are expecting to announce their FID on Active Anode Materials within the next 83 days. It will be very interesting to see what capacity the company is expecting to produce and I do feel confident that they have Mitsubishi looking at co-investing in the project, it gives the company much more credibility than doing this by themselves.


Honestly, if you were having a go at me regarding my post above, you would have specifically stated what part of my post was incorrect.