General Discussion Topics, page-105218

Here are a few things I noticed in the recent corporate connect valuation.

1. Dropped the forecast from 37c to 33c - however they feel as of June 26th 2023 the SP should be 27c.
2. Since April 19th they have increased
A. the value of NAL concentrate business by 12%
B. the value of the Carbonate plant by 8%
C. Increased the value of Moblan concentrate by 12%


https://file.io/m5y3SBmSHtJ2



Our Quebec Assets have a combined value of 5.95 Billion USD or $8.92 Billion AUD, in the analysis they are only accounting for a fraction of Moblan's potential @ 200,000 tpa spod and a single 30,000 tpa hydroxide plant. Recent estimates of contained tonnage at Moblan would support 4 or 5 times the number of tones of spodumene and 100,000 tpa of hydroxide. As Moblan becomes better understood by way of drilling I expect these numbers to start lining up closer to what Brett and Dougle have already estimated.






Any amount of government funding or OEM funding will allow some of these analyst's to remove some of the risk barriers. I expect this will be coming in the very near term.