North American Lithium - Revisit, page-273

IMO pit expansion at NAL is really pointless unless it's timed to come online AFTER the chemical plant..

The current drilling at vallee is more around increasing the LOM and finding better quality and possibly more accessible ore IMO, there is also the possibility they could be considering a larger refinery...however as it as it stands the DFS has 226,000tpa year 1-4 and reducing to 186,000tpa thereafter, if they can can increase throughput beyond 226,000tpa between now and the construction of a refinery cost effectively and increase LOM then why not..increasing LOM is all part of attracting OTA's and finance so needed to be done but doesn't mean they intend increasing production beyond the Refinery requirements.

I believe the best ore at NAL is underground and I doubt they will want to go there if easier ore can be found accross the boundry...

I have little doubt the future focus will be more around MOBLAN after the current round of drilling is finished at NAL, NAL is about early and continuous revenue and MOBLAN about growth...

Cheers Whisky