PLL will eat most of the profits, page-6

PLL expenses

$12 Million for initial deal with Sayona
$25 million for NAL Purchase
$27.5 million for NAL Restart
$75 Million (est.) for carbonate plant restart
$152 Million spodumene purchase @ $900 for 18 months
$669 Million LOM production costs @ 590 * .25 per ton mined (using the PFS value of 168,000 tpa which will likely be much higher in reality)

Total ourlay by Piedmont = $960 Million

PLL resale of Spod @ spot price ($7000/t) = $588 Million

PLL will be far in the RED considering its current commitments until the 25% owned chemical plant comes into play, only then will PLL begin to show profits from its investment, so those who are claiming "Great Deal" need to understand that the 18 month off-take is not even going to fund the commitments made by PLL.

DYOR