Ann: PLL: Piedmont Lithium Sells Sayona Mining Shares, page-170

I expect another cap raise in May/June. Hopefully this co-incides with a recovery in Lithium prices.

Lets use 11.3b shares as an example ( after a 1b share raise)
$2.985b MC with 11.3b shares, we would need to hit
26.4c/share to equal our ATH MC roughly.
ATH share price 39c would give us a $4.407B market cap - that would be doable if we became profitable, definitely if we had funding/partners.

1B shares at 0.08 would give us $80m
1B shares at 0.12 would give is $120m.

I wouldnt expect any cap raising at these prices of course, but I would accept it if we bacame profitable at the time we raised it.

I know we all wouldn't like it, but I would always encourage the LT holders to be prepared for it. I would rather another raise than go into C&M if we were that close to making a profit.

Let's hope we dont need to though. IMO

(Sentiment is still my trading account)