AlTM is then sold at a valuation of $6.7bn.

Alkm has a market capitalization of $4.6bn. and a turnover of $900,000 million

At the current level of lithium prices and a production of 40,000 tons, Lac will have a turnover of $440,000 million

Conclusion: It is difficult to compare directly because the cash situation is not easy to calculate, and Lac will not produce until 2027. In 2027, Lac will have a more efficient production, higher quality Lithium and production in one place.

Lac's market value of $590 million. must be too low. If we had production now, SP should be around $20 to 27, but since it's not until 2027, of course we don't have to take in everything in one year, but 3 to 4 years. Still, I think you can say a fair calculation should give 100% from now on. In addition to the now determined price formation and expectation of demand, I see the following course trigger.

- today's purchase of Rio Tinto

- we must be at a low level regarding the lithium price?

- DOE funding which should fall into place in 2024

- GM investment that I see coming and hope it won't be too good for GM. (dilution).

Interesting to see what happens during the day, unfortunately didn't get any additional information, didn't think we were so close to the purchase.