Ann: Investor Webinar, page-17

Clay is turning out to be enormous capex also, as more definitive studies roll out. All those early PEA's were way off the mark.

Check out this report: https://www.bleeckerstreetresearch.com/research/lac

And you can read Joe Lowry's counter here: https://www.globallithium.net/s/LAC-May-23-2024-rev2.pdf

I just don't get why you would spend a dollar at Big Sandy if it costs twice as much to produce there.

But the alternative Brett talked about last year could be a game changer for clay.



18:34 it's this stage we're basing on the design off using sulfuric acid however there are alternatives to
18:40 sulfuric acid that are showing promise to us that are significantly less money than building a 300 million dollar
18:47 sulfuric acid plant so we're pursuing that work here at the at the research center I can't talk much about it now
18:54 but as we as we develop um the the technology certainly they'll
19:00 be press releases and stuff like that as we get going but I really can't talk much about those Alternatives right now
19:06 they also do involve a partner that we're working with so we've got disclosure rules there as well but um
19:12 something very important we're working on are the Alternatives of sulfuric acid so here's our ore we have sulfuric acid