General Discussion Topics, page-101697

Explain this then


3 major announcements coming in any day now; PFS for NAL carbonate plant, Moblan PFS and pending offtake agreements.

• June - NAL lithium carbone plant PFS.
  
• June - Moblan PFS.
• June - NAL offtake agreement (SYA's share - the big one!!!!!!)
• June - NAL 36,000m of drilling (estimated start).
• June - NAL 15,000m of drilling at Jourdan (estimated start).
• June - Moblan 50,000m - 60,000m of drilling at Moblan (estimated start).
• July - NAL first SC6 shipment in July.
• Oct - First quarterly with cashflow (September Quarterly).Oct - Moblan DFS.
• Nov - NAL 36,000m of drill results (estimated).
• Nov - NAL 15,000m of drill results at Jourdan (estimated).
• Nov- Moblan 50,000m - 60,000m of drill results (estimated)

On top of these juicy milestones, here are some deafening fundamentals.

1. NAL cheap hydroelectricity operation (ESG aligned).

2. $293m cash & no debt.

3. Largest hard rock lithium base in North America (ESG aligned)

4. Will be first downstream processor in North America 2026 (if LCE plant proceeds, which is very likely given plant is half built and onsite).

5. PLL offtake ~113,000 tonnes x A$1,341/dmt =A$152m.

6. Balance of ore expected ~113,000 x $7,454 (as per AKE's ann) = A$842m.

7. Total revenue = A$992m.

8. Total production cost = A$135.6m (A$642m less PLL's 25%)

9. Gross profit = A$856.4m.

10. Abitib 87.8mt @1.05%.

11. Northern Hub 51.4mt @1.31% (expected to increase in excess of 120mt).

12. With both DFS and PFS for Moblan out this year, this puts Moblan well ahead of peers in the region such as WR1 etc.