Sayona Mining Ltd (SYAXF)

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“We have been modest with our pricing assumptions, but as the sensitivity analysis indicates, there is potential for significant upside in the net present value (NPV) projection given recent trends in spodumene prices. Accordingly, the project partners have already pre-ordered long lead equipment items in anticipation of a positive study result, ensuring we are ready for startup in the first quarter of 2023.”

Lynch said that with the anticipated NPV, low capital cost, Sayona’s fast speed to production and a lengthy 27-year life-of-mine, NAL offered a unique opportunity for Sayona, adding to its rapidly growing northern Que´bec hub as the leading lithium resource base in North America.