When I posted 200M tons of resources from NAL, Moblan and Authier, I just remembered what Lucas Dow commented at FY24 full year result presentation below (9:52).
https://youtu.be/iiFp2tLmGBg?si=r3ydixhDwtE-0Qta
I didn't intend to overstate company's resource.
Also, I wanted to share information about the increasing number of binding contracts between major Korean battery companies and battery component companies despite slowing growth in the EV market because they expect increased battery demand in the near future. They are increasing production capacity to prepare for next year and the following year, spending huge CapEx.
https://n.news.naver.com/article/029/0002904079?sid=101
I think that Sayona has the same plan to prepare for increased battery demand in the near future. I believe that BOD will bring a long term win-win partnership to us soon.
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