Ann: Pioneer Dome Lithium Project update, page-46

Here is a graphic that Sayona included in a presentation they put out in October last year.

Make of it what you will. Peidmont buying in triggered the largest block of sales activity but it took lithium prices taking off to trigger the share price explosion. Will Essential Metals follow a similar path to fame and fortune? I have no idea as Sayona and Essential have some similarities but plenty of differences.

I see Piedmont has about 19% of Sayona. I still think Essential Metals would benefit from linking up with a big brother with some independence like Allkem or Mineral Resources rather than a party closely aligned with Chinese processors.