General Discussion Topics, page-22553

Maybe that would be possible if you could sell your product TWICE. And to an extent that is what we are doing by adding value in the Lithium Chemicals supply chain. But their are limits to what stresses your NPV can ultimately be stretched out to. At the same time and with Sayona there are a lot of comparative advantages with aligning with our Partners I.Q and the Quebec Government. Interest rates are low at the moment in so far as applied discount rates but may even be lower for Sayona depending on how things play out from here.

There is also a lot of potential growth here in Australia for Sayona as well and that is even before Atura mach deux hits the boards running. So anything they can add in multiples will translate 49% or thereabouts directly to our bottom line NPV and JORC calcs as well. There is also GOLD and potential JV's to release value as well. But the growth is NOT limitless and more deposits would ultimately have to be found and proven up to support the sorts of FMG and BHP type scenario's you are suggesting.

Still definitely nothing to snub your nose at with Sayona with respects to what it is already sitting on in terms of Growth Multiples of its Market Cap and share price via it's combined project NPV's. And we've already shown the starting blocks for ALL this is much higher that where we currently sit. And so that's what you need to really concern yourselves with now ......and not so much the $30 billion market cap's and BIG Australian comparisons.