General Discussion Topics, page-95486

Ok just watched the Resources Connect Asia in Singapore presentation by Dougall and I am fkn pumped.

When you see what milestones we have coming up due for announcements commencing end of April, why on earth would you sell? You'd be absolutely mad not to top up either I reckon at these prices? Gift by the gods!

• April - NAL lithiumcarbone plant PFS.
• May - Moblan drill results (expecting in excess of 60mt).
• May - Moblan PFS.
• May - NAL offtake announcement (SYA's share).
• May - NAL 36,000m of drilling (estimated start).
• May - NAL 15,000m of drilling at Jourdan (estimated start).
• May - Moblan 50,000m - 60,000m of drilling at Moblan (estimated start).
• July - NAL first SC6 shipment in July.
• Oct - First quarterly with cashflow (September Quarterly).Oct - Moblan DFS.
• Nov - NAL 36,000m of drill results (estimated).
• Nov - NAL 15,000m of drill results at Jourdan (estimated).
• Nov- Moblan 50,000m - 60,000m of drill results (estimated)

On top of these juicy milestones, here are some deafening fundamentals.

1. NAL cheap hydroelectricity operation (ESG aligned).

2. $97m cash & no debt.

3. Largest hard rock lithium base in North America.

4. Next North American hard rock lithium supplier.

5. Will be first downstream processor in North America 2026 (if LCE plant proceeds, which is very likely given plant is half built and onsite).

6. PLL offtake ~113,000 tonnes x $900/t =$101.7m.

7. Balance of ore expected ~113,000 x $5,602 (today's spotprice in $AU) = $633m.

8. Total revenue = $740m.

9. Total production cost = $135.6m.

10. Gross profit = $604.4m.

11. Abitib 87.8mt @1.05%.

12. Northern Hub 12.03mt @1.4% (expected to increase in excess of 60mt).

13. With both DFS and PFS for Moblan out this year, this puts Moblan well ahead of peers in the region such as WR1 etc.

I will be a millionaire by end of this year, I fkn know it!