Where is the new SP, page-69

Possibly missed the toppy valuations, but many were baseless as you know.

If MT is publicly stating he will ship millions of anode. LKAB and Mitsui have access to the same information. Scoping gives revenue of 1.2bn per 100k anode at 80% margin all approx.

I know you are not fond of NPV so much. But the numbers in the scoping are compelling, add to this the 200k for the UK and "multiple expansions " to which they have referred.

IMO in a financing discussion with a US listing. There is plenty of upside.

The final page of Pareto presentation indicates offtakes "near to medium" term.

TLG and VW or Tesla in the same announcement and we will get a bump for sure.

Also the electrification of the world is just starting, its a trend for a generation. We are in year 1.

Current market shake out is just a tantrem IMO.

Takes a strong stomach but I sleep well owning an extremely undervalued stock.