General Discussion Topics, page-21854

I already covered the previous posters 4 or 5 posts where he spoke incorrectly on the NAL strip ratio so I believe that has already well and trully covered here.

But whats even more interesting since we're on the topic of ' Lithium Prices ' is that not only was NAL's lithium carbonate conversion processes proved out to be 99.96% purity - the prices calculated at the time of these earlier NPV calc's was using a price of US$2.70-per-lb for lithium carbonate (99.5%).

So that US$2.70 per pound pricing for 99.5% ish ' Purity ' of Lithium Carbonate ws equivalent to US$1.225 per kilogram which compares to roughly a more than conservative price of US$9..50 plus per kilogram heading into 2022 - which is some 776% higher that it was in the 2009 - 2010 feasibility study prepared by BBA and Canada Lithium

Add to that the favorable swing in the USD to CAD from the levels of $1.10 back when these figures were compiled and you have another approximate favorable economic adjustment to the longer term NPV's of some 15.0 %

So it obviously depends on where you draw you baseline against previous economic numbers . However , irrespective of this , the NAL NPV on its own should the Lithium Carbonate initial scenario alone as a ' FIRST ' STEP 'QUICKLY ' and as Lynch has stated , then the TRUE value of NAL on an NPV basis is over C $2 billion in its own right.......