Ok - this is good - not great.1 - I like the new format and...

Ok - this is good - not great.

1 - I like the new format and simplicity of reporting, well done Andrew and team - there are more forward looking narratives that speaks about how we should be heading

2 - good choice on having bigger shipments to limit transport cost... Looks like we have utmost confidence that we could deliver a consistent higher production to meet this

3 - globally, the production of lepidolite (lower cost to mine) but higher cost to process, is coming to a decline and new projects seemed halted... This is now the best time for NAL to show and prepare for the next wave of uptick in prices BUT

4 - oh f.... that's right, we actually are mostly cap by that OTD with the leeches from PLL :-(

Is SYA going to survive in the next 2 years.. Certainly... Probably even longer if some strong-arming happened vs #4...

5 - No update on plans for downstream processes on this report... I believe this should be again fully evaluated... European and US legislations going to be material in the impact of their carbon border pricing... This will work in favour of NAL - but to what extent is probably something Canada should put their walking more... NOT JUST THE TALKING CANADA!

peace out y'all