No fed meeting in April meaning no rate rises, bank woes easing,...

No fed meeting in April meaning no rate rises, bank woes easing, lithium sector turning, NAL carbonate plant PFS released in the coming days…

Here’s a few reasons why now is a good time to top up before we run up to our fair market value which is believe is $0.56 based on balance of ore selling at US$5,000/t based on NAL's cashflow alone. It would then be a fair assumption to add the NPV of Moblan DFS to the market cap and adjust the share price accordingly.

• April - NAL lithium carbonate plant PFS.
• May - Moblan drill results (expecting in excess of 60mt).
• May - Moblan PFS.
• May - NAL offtake deal announcement (SYA's share).
• June - NAL 36,000m of drilling (estimated start timeframe).
• June - NAL 15,000m of drilling at Jourdan (estimated start timeframe).
• July - NAL first spod shipment in July.
• Oct - First quarterly with cashflow (September Quarterly).
• Oct - Moblan DFS.
• Nov - NAL 36,000m of drill results (estimated timeframe).
• Nov - NAL 15,000m of drill results at Jourdan (estimated timeframe).

Items in bold are milestones that I believe will raise our support line.

SYA DCF
PLL	113,000	$1,349	$152,437,000
Market	107,000	$7,499	$802,393,000
Total Annual Revenue			$954,830,000
Profit (- PLL's 25% stake)			$583,462,500
NPV (m)	$4,965
SOI (m)	8,885
SP Target	$0.559