8/22/2023

speaker
Unnamed Executive 1
Company Executive (Operations/Technical)

25% to get us to that 1500 and that's to build a robust economic mind. So let's, we're not doing our price forecasts on that. Our sales and marketing team under Christian will provide those to us in terms of our cash flow modeling, but let's not confuse what that 1500 is there for. It's to create robust longterm minds where we don't have to go restate this resource.

speaker
Martin
CEO

I think the important part is the largest part of the increase in reserves and resources in James Bay. It's a direct consequence of the drilling campaign that was performed during the year. It's a great asset.

speaker
Unnamed Analyst 1
Analyst

Yeah, it's a good outcome. So if I've understood that well, that $1,500 is essentially 75% of the long-term price, which suggests about $2,000 a tonne spodumene.

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