General Discussion Topics, page-32032

O.K .....apples to apples comparison here .

If it were to go to 9.0 cents , it would be worth only A$631.3 million with 3 mine resources of 21 MT ( Authier ) , 38 MT ( NAL - excluding inferred ' ) , 14 MT ( Moblan ) , 5 MT ( Tansim low estimate ) , Working Plant valued at at least C$400 million in replacement cost ....PLUS W.A gold and lithium land holdings ?? , and a wildcard in Kimberley Graphite ? ......and ALL this up against another Canadian Lithium hard rock player Frontier Lithium with its SINGLE mine asset only with approx 14 MT ..... no finalized DFS and no BUILT Plant which is currently worth C$330.75 ( A $363.46 million ) .

So in that scenario of 9.0 cents Sayona with ALL these additional assets would be only worth A$267,84 million more than Frontier at its current price . So either Frontier has to also collapse in a heaps or Quebec's Lithium assets are worthless when compared to its nearest neighbor Ontario where Frontier holds at least 80% less in measure lithium resources.

And this would make absolutely no sense whatsoever in my opinion.