Ann: Application for quotation of securities - SYA, page-50

Just a few .....

I still reckon Novonix ' High Purity ' results will potentially come before the Monitor's July 2nd final notice of the SISP process.

As do I reckon that obviously the high purity results should also come before any further Off-take for Sayona's spodumene eventuates.

But once the high purity results are received and are achieving the desired Percentage - watch the Off-take deals potentially come thick and fast from that point.

And so after we receive all that , Sayona should for all intensive purposes be able to wright it's own ' Ticket ' in who is chooses to bring along for the ride.