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TradingCharts

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Monday, 05/23/2022 11:07:29 AM

Monday, May 23, 2022 11:07:29 AM

Post# of 4141
Sayona's PFS for NAL proves up

“Sayona’s acquisition of NAL and turnaround plan was not based simply on restarting the existing operation. Rather, it was based on our strategy of creating an Abitibi lithium hub, drawing upon the operation of our nearby Authier project and investing in plant upgrades to deliver improved profitability and performance,” Lynch said.

The Authier mine will serve as a supplementary or secondary mine and will deliver ore to NAL for processing. A memorandum of understanding (MoU) has been reached between the Authier operation and NAL, in which NAL agrees to buy 100% of the Authier ore material at a selling price of C$105/t, delivered to the NAL ore pad area.

https://www.miningweekly.com/article/sayonas-pfs-for-nal-proves-up-2022-05-23

If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG

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