Ann: Additional Information Tesla Offtake Agreement, page-53

That is true pancake - plus there are many other fundamentals.

The production of anode materials - lets just stay with that for now and not Balama production - that anode production from SYRAH and NVX will only fill 10% to 15% of US requirements so it is lucrative to be in bed with TESLA as future production increases will be pre sold in the form of more binding agreements coming our way. But people have to understand - this is an industrial revolution that will be with us for decades - centuries and company's like TESLA - FORD - VOLKSWAGON and the like will manufacture batteries in the future - themselves - it's simple business practice moving away from the past auto supply chains - issues encountered from delays with one component can be catastrophic - like chips atm - however that will take time. But it will also provide huge profit advantages to those mentioned above with deep pockets.

Graphite supply is the A game still - Anode production are high value add on - for which SYRAH is so well positioned for now - right now.

Unreal - we await a significant announcement - it arrives and some simply do not understand the significance or just traders - others quivling away.