Lithium Stock Comparison - Important

Hi all,

I went through all the annual reports, presentations, PFS, DFS and quarterly reports of each company to compile this table.


* Cash burn and also cash on hand.  ORE shareholders might complain that the company's cash burn is not right but I have used historical ... it is what happened and I will wait until the future is proven before I believe it.

* I have not included the target potential for GMM or GXY as I could not see anything I could substantively rely on.

* GMM and GXY also do not report their 50% interests they typically show their resource statements without taking this into account....  Also I think their production cost is BS.... I took this from their PFS on GMM's website.

My take is based on production cost and current EV/Resource PLS has a high chance of 100% upside over the next 12 months. Would love to have it happen tomorrow (fingers crossed) but like all good things....

Near term kickers

- competent persons report officially upgrading our resource
- new round of drilling results particularly to the north
- Off take (with hopefully a large pre-payment similar to other recent off take deals) - well. 8 parties officially lodged MOU's for off take

!!!! If you want it you got to put a ring... I mean a large pre-payment on it ~!!!

- DFS - expecting 3MT/pa or 4MT/pa to be the options.

Good luck all,
Super Ninja