Chart INR, page-240

INR is building a Tier 1 EV battery grade Lithium Carbonate chemical business:

1. Low operating costs (due to Boron credits and not being hard rock)
2. High ESG
3. Processed in the US not China
4. Binding off-take agreements with the likes of Ford
5. Highly technical, experienced team
6. Funding in place, mostly at low rates
7. Dept of Defence, Energy, Interior, Congress, Senate and Whitehouse are all aligned
8. Tiehm's Buckwheat has a great future - 4 generations now propagated in different soils
9. All permits secured (water etc), except the last all important one

Yes Capex will probably turn out to be a fair bit higher than expected (capacity might too) but we won't be selling the Li2CO3 at DFS $10k/t!

Pricing will be in the $20k+ range.

Long mine life, huge resource. US-based. Payback will be massive. Software margins, long after we're all dead.

INR is not just another Lithium mining company. Who gets this?