Banter and general comments, page-18112

Absolutely, in fact I hope we get news in the next week or two about our second auction as I suspect this will yet again signal to the market that Macquarie are full of it and revenue is already coming in so pay not attention to their organised crime.

That second shipment payment (assuming 25 million at least) combined with what we have in the bank would probably be enough for Management to declare they are doubling production which would mean we would be cranking out more than half of what PLS are planning with their own upgrade.

PLS made close to 800 million last quarter and I reckon between their upgrade and increasing pricing they'll be north of a billion dollars a quarter. If we're producing slightly more than half of them, that's at least a couple billion a year for us once at full tilt.

This would have to result in some serious re-rating of CXO in 2023, particularly if the drill results keep coming in and the LOM keeps growing to 30 years and beyond.

15 years at double production ought lift us to half or more of PLS future value. Especially considering we only have 60% of the number of shares they have on issue.

It could take another 1-2 years but I see a future value in the 5+ dollar range for us if what the actual experts on the lithium markets is saying will likely happen.

For what its worth I think PLS will probably be 8-10 dollar share too.