shorters, page-60

Do a bit of dusting off of old Sayona file notes , and I came across a couple of references from the oldest Annual Reports back in 2013 through 2015 ( refer below ) which make the following statements in regards Foreign ' Losses ' . In particular US denominated losses.

Note also that there was as some stage a 100% interest form the parent in DiamonEx US which was incorporated in Nevada .....so there is some connection here . It's just we don't know to what extent and how much these ' ATO ' Quarantined ' losses are. And we could only know by having had access to Sayona's / DiamonEx's tax returns from back in 2012 & 2013.

So for all we know , these substantial losses are something that PLL is fully aware of and also interested in.

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Interesting as well , that this could very well be the case with AJM as well. How much of the carried forward losses ( Both Capital and Income ) are effectively associated with PLS takeover , and how much pertains , and remains in the ' Coal ' bearing early history of AJM and it's Singaporean Incorporation.

One thing for sure with these GUY's like Buckler and Co , is they have been absolute Master's in acquiring and transforming ' Shell ' companies and then doing very well out of them.......