Potential supply to Novonix, page-62

Morning Jojo,

Is this the flow sheet you refer to?



Simple?

This “simple” lithium process does not appear in the PFS...rendering the PFS obsolete.

BTW, two directors were recently rewarded with 2,500,000 each (total 5,000,000 shares) by way of performance rights to produce a PFS that is now obsolete. One Director immediately sold them off-market. But that’s a side issue, let’s move on.



Before you go moving anything to site, could you please explain this...results at each stage, as well as elapsed time at each stage.

”Lithium Carbonate Plant” is an enormous piece of the puzzle. Who is this? How long? Is it modular? Is it a choke point? How environmentally friendly is it? etc etc..

Perhaps LKE have a bit more work to do before they go hauling anything 10,000ft AMSL into a remote location.