Ann: New NAL Milestone with Successful Process Plant Start Up, page-36

Guys . No one knows how many days. You tinker with the different equipment till its fine tuned. That's why all the vendor specialists are there. It could be days, it could be month. Something unknown could happen and it could be two months. BL is a typical Mining Production Manager guy . They always projects the best case. Your trying to push contractors, consultants and crew for the best outcome. If you don't publicly push the best case NO chance of people pulling together. A Rio Tinto guy I worked for got up in front of everyone and told them 48 hours till we had shippable ore, then behind closed doors called head office and told them we needed more money cause it would be a week. The important thing is we have cash flow and can SHIP in June. NO going under like AJM/1MC. I don't care if we drop to 15 cents or fly up to 40 in the next month . In a few years IF nothing goes badly wrong we will be a few dollars. Perhaps 5-6 years off a dividend. I have 180,000 shares so a 30 cent divided in 7 years or so is fine with me. I have NO nervousness around production at all. We are on the home stretch and have cash to cover our ar$e . FFS even a small fire we could fix up with100Million in the bank ! And all fires are small because there is dust and fire suppression everywhere in any plant Hatch is involved in. Risks are Process failure in the plant - Very Low Risk. Lithium prices crash below $600 USD - Very Low Risk . We take out big loans to build stuff and then stuff it up with cost over runs and fights between consultants and contractors.- Medium/Low risk depending on cash flow at the time. Another upside is if we have cash flow and there is a buying opportunity during a period of low pricing we are in a prime position. Big boy in town with government connections and CASH. We might be able to hover up other players in the years to come if they run out of money. As we have done with NAL. Part built or proven resources are a bargain . Sweet spot on cost risk curve !!!!!!
Less of a project risk then in the Pilbara IMO. Its not FIFO and in Quebec there seems to be a more lets get along with it . Rather than "more delays more pays. " SO much new demand even in the last month with Toyota finally admitting they can't just hybrid forever. They lead all the Japanese players. They will all start announcing EV exposure this year. That's lots of new demand not priced into any of other other long term forecasts. Plus I have not seen a forecast that factors in the demand for Power walls and community battery storage into account. That should become more of a thing in the next 5 - 10 years ! The whole obsession with short sales. They can't reach into our cash flow and take it away . Who cares what they do right now, if your in it for the long hall .