The following discussion and analysis of our financial condition and results of
operations should be read in conjunction with our financial statements and
related notes included elsewhere in our Quarterly Report on Form 10-Q. The
following discussion contains forward-looking statements that reflect our plans,
estimates and beliefs. Our actual results could differ materially from those
discussed in the forward-looking statements. Factors that could cause or
contribute to these differences include those discussed below and elsewhere in
our Quarterly Report on Form 10-Q and those in the sections of our Transition
Report on Form 10-KT for the six-month transition period ended December 31, 2021
entitled "Risk Factors," "Cautionary Note Regarding Forward-Looking Statements,"
and "Cautionary Note Regarding Disclosure of Mineral Properties."

This management's discussion and analysis is a supplement to our financial
statements (including notes) referenced elsewhere in our Quarterly Report on
Form 10-Q and is provided to enhance your understanding of our operations and
financial condition. This discussion is presented in millions, and due to
rounding, may not sum or calculate precisely to the totals and percentages
provided in the tables.

Cautionary Note to Investors

In the U.S., we are governed by the Exchange Act, including Regulation S-K,
Subpart 1300 ("S-K 1300") thereunder. Sayona and Atlantic Lithium, however, are
not governed by Exchange Act and from time to time report estimates of
"measured," "indicated" and "inferred" mineral resources as such terms are used
in the 2012 Edition of the Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves ("JORC Code"). In March 2022, our
partner, Atlantic Lithium, published a JORC Code mineral resource estimate
update for the Ewoyaa project. Also in March 2022, our partner, Sayona,
published a JORC Code mineral resource estimate update for the Authier and North
American Lithium projects. Although S-K 1300 and the JORC Code have similar
goals in terms of conveying an appropriate level of confidence in the
disclosures being reported, they at times embody different approaches or
definitions. Consequently, investors are cautioned that public disclosures by
Sayona, Atlantic Lithium, or us of measures prepared in accordance with the JORC
Code may not be comparable to similar information made public by companies
subject to S-K 1300 and the other reporting and disclosure requirements under
the U.S. federal securities laws and the rules and regulations thereunder.

Executive Overview

Piedmont Lithium is a U.S., development stage company advancing a multi-asset,
integrated lithium business in support of a clean energy economy and America's
national energy security. We plan to supply lithium hydroxide to the electric
vehicle and battery manufacturing supply chains in North America by processing
spodumene concentrate produced from assets we own or in part. Our projects
include our Carolina Lithium and Tennessee Lithium projects in the southeastern
U.S. and strategic investments in lithium assets in Canada and Ghana. Subject to
obtaining permits and approvals, we plan to bring spodumene concentrate
production online in 2023 (Quebec) and 2024 (Ghana), lithium hydroxide
production online in 2025 (Tennessee), and our integrated spodumene-to-hydroxide
project in 2026 (North Carolina). Our investments in Canada should provide the
opportunity for near-term revenue through production and offtake of spodumene
concentrate. Offtake agreements from our international investments are expected
to supply spodumene concentrate to our Tennessee Lithium project for conversion
to lithium hydroxide, while our proposed Carolina Lithium project is a fully
integrated spodumene-to-hydroxide operation in North Carolina. These diversified
operations should enable us to have a pivotal role in supporting America's
energy independence and the electrification of transportation and energy
storage.

Strategy

Our goal is to become a leading producer of lithium hydroxide in North America,
supplied by geographically diverse and sustainable spodumene mineral resources.
American demand for large vehicles and the custom of driving relatively long
distances, combined with automakers' plans for and commitments to electric
vehicle production, should continue to expand the demand for North American
lithium hydroxide. We believe our global portfolio of hard rock lithium assets
should support a level of estimated lithium hydroxide production that will
dramatically expand current production in North America.

We believe spodumene concentrate represents the lowest-risk and most commercially scalable raw material source for the production of lithium hydroxide. Our plan to produce battery-grade lithium hydroxide from spodumene concentrate will use the innovative Metso:Outotec alkaline pressure leach process combined with a number of processes commonly used in the lithium industry today. As part of our strategy, we will continue to evaluate opportunities to further expand our resource base and production capacity.

Together with our foreign investments, we have four key capital projects that
are being developed on a measured timeline to provide the potential for both
near-term cash flow and long-term value maximization. At production, we expect
to have an estimated lithium hydroxide manufacturing capacity of 60,000 metric
tons per year, compared to the current total estimated U.S. production capacity
of
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15,000 metric tons per year. This expected lithium hydroxide conversion capacity
is supported by production and offtake rights of approximately 500,000 metric
tons of spodumene concentrate per year.

Developing an Integrated Lithium Production Business-Key Projects

Quebec

Piedmont Lithium owns an equity interest of 25% in Sayona Quebec, which owns
full interests in North American Lithium, the Authier Lithium project, and the
Tansim Lithium project. These projects are located in the Abitibi region of
Quebec, Canada. Additionally, we own an equity interest of approximately 14% in
Sayona Mining, which is the parent company of Sayona Quebec, and we hold an
offtake agreement for the greater of 113,000 metric tons or 50% of spodumene
concentrate production at market prices, subject to a price floor of $500 per
metric ton and a price ceiling of $900 per metric ton, from Sayona Quebec on a
life-of-mine basis.

The restart of North American Lithium is proceeding as construction,
procurement, recruitment, permit transfers and approvals, and other restart
activities are well advanced, and most major equipment and machinery items
required for the restart are currently onsite. The majority of operational
leadership has been hired, and a 4-year mining contract has been awarded for the
operation of North American Lithium's open pit. While potential delays in
restart activities could defer the start date of production, we expect North
American Lithium to begin spodumene concentrate production in the first half of
2023.

Depending upon the successful commencement of production and ability to produce
6% spodumene concentrate, shipments of spodumene concentrate from North American
Lithium could commence in 2023, resulting in initial revenue generation from the
operation as well as the resale of product received through Piedmont Lithium's
offtake agreement with Sayona Quebec.

In addition to spodumene mining and concentrate production, the North American
Lithium complex also includes a partially completed lithium carbonate refinery,
which was developed by a prior operator of the project. Sayona Quebec recently
announced the commencement of a prefeasibility study for the completion of this
facility. Study results are expected in the first half of 2023.

Further evaluation of the production of lithium carbonate or lithium hydroxide
in Quebec may follow completion of the prefeasibility study. In order for Sayona
Quebec to proceed with the construction and operation of a lithium carbonate
conversion plant or lithium hydroxide conversion plant, approvals are required
from both Piedmont Lithium and Sayona.

Ghana

We own an equity interest of approximately 9% in Atlantic Lithium and have the
ability to earn a 50% equity interest in Atlantic Lithium's spodumene projects
in Ghana. This agreement includes an offtake agreement for 50% of annual
production at market prices on a life-of-mine basis. The Ewoyaa project is
Atlantic Lithium's flagship project in the Cape Coast region of Ghana,
approximately 70 miles via a national highway to a major port, and is key for
transporting spodumene concentrate to our planned Tennessee Lithium plant for
conversion to lithium hydroxide.

In October 2022, Atlantic Lithium announced it had submitted the mining license
application for the Ewoyaa project to the Minerals Commission of Ghana. We
expect construction of the mine and concentrator to begin in 2023 and production
of spodumene concentrate to begin in 2024, subject to the receipt of the mining
license, approval of environmental studies, and other statutory requirements.

Tennessee Lithium

Tennessee Lithium (previously referred to as LHP-2) is expected to be a
world-class lithium hydroxide production facility located within McMinn County
in Etowah, Tennessee. With first production targeted by the end of 2025, the
facility is expected to produce 30,000 metric tons per year of lithium
hydroxide, doubling the current estimated U.S. production capacity of 15,000
metric tons per year. The plant is expected to be one of the most sustainable
lithium hydroxide operations in the world and among the first to use the
innovative Metso:Outotec technology.

In October 2022, Piedmont Lithium was selected for a $141.7 million grant from
the DOE to expand domestic manufacturing of batteries for electric vehicles and
the electrical grid and for materials and components currently imported from
other countries. The funding will support the construction of our Tennessee
Lithium project, which has an estimated cost of approximately $600 million. We
expect Tennessee Lithium to create approximately 120 new, direct jobs.

On October 31, 2022, Piedmont Lithium submitted its construction and operating conditional major non-Title V air permit application for the its Tennessee Lithium project to the Tennessee Department of Environment and Conservation.

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In September 2022, Piedmont Lithium announced the award of a front-end
engineering design ("FEED") contract to Kiewit Corporation, a leading U.S. based
Engineer, Procure, and Construct ("EPC") firm, and Primero Group, an EPC firm
specialized in lithium projects. We expect FEED, which commenced shortly after
the contract award, to be completed in the first half of 2023. Permit
applications for Tennessee Lithium are progressing, and subject to receipt of
all material required permits as well as the completion of FEED and project
financing, we expect to sign an EPC contract for the construction of Tennessee
Lithium. Contingent upon the timely receipt and completion of items discussed
above, we expect to begin construction in 2023 with first production of lithium
hydroxide targeted by the end of 2025.

Carolina Lithium

Our fully-integrated Carolina Lithium project ("Carolina Lithium") is a
development stage, hard rock lithium project located within the Carolina
Tin-Spodumene Belt and in close proximity to lithium and byproduct markets.
Carolina Lithium is expected to consist of a mining operation, concentrator, and
lithium hydroxide conversion plant. A feasibility study completed in December
2021 estimated a project capital investment requirement of approximately $1
billion. The project is expected to produce 30,000 metric tons of lithium
hydroxide per year. Given the quality of this asset, integration of the
operation, strong infrastructure, and proximity to lithium and byproduct
markets, we believe Carolina Lithium should enable us to be one of the lowest
cost producers in the world.

We are currently engaged in permitting activities with state and local
representatives for Carolina Lithium. Our goal is to obtain the necessary
permits and rezoning in 2023, commence construction in 2024, and begin
production of lithium hydroxide in 2026. A Prevention of Significant
Deterioration - Title V Air Permit application has been submitted and is under
review by the North Carolina Division of Air Quality for the Carolina Lithium
project. Piedmont Lithium has until January 2023 to respond to North Carolina
Division of Energy, Minerals, Land, and Resources second additional information
request; which progresses the mine permit application.

Change in Fiscal Year End

Effective January 1, 2022, we changed our fiscal year end from June 30 to
December 31. The six-month period from July 1, 2021 to December 31, 2021 served
as a transition period. Our fiscal year 2022 commenced on January 1, 2022 and
will end on December 31, 2022.

Critical Accounting Polices and Estimates

Our management's discussion and analysis of our financial condition and results
of operations is based on our unaudited consolidated financial statements, which
have been prepared in accordance with U.S. GAAP. The preparation of these
consolidated financial statements requires us to make estimates and assumptions
that affect the reported amounts of assets and liabilities and the disclosure of
contingent assets and liabilities as of the date of the consolidated financial
statements as well as the reported expenses incurred during the reporting
periods. Our estimates are based on our historical experience and on various
other factors that we believe are reasonable under the circumstances, the
results of which form the basis for making judgments about the carrying value of
assets and liabilities that are not readily apparent from other sources. Actual
results may differ from these estimates under different assumptions or
conditions.

There have been no material changes in the significant accounting policies followed by us during the nine months ended September 30, 2022 from those disclosed in our Transition Report for the six-month period ended December 31, 2021.

Components of our Results of Operations

Exploration and Mine Development Costs

We incur costs in resource exploration, evaluation and development during the
different phases of our resource development projects. Exploration costs
incurred before the declaration of proven and probable ore reserves, which
primarily include exploration, drilling, engineering, metallurgical test-work,
site-specific reclamation, and compensation for employees associated with
exploration activities, are expensed as incurred. We have also expensed as
incurred engineering costs attributable to the evaluation of land for our future
concentrator and chemical plants, development project management costs,
feasibility studies and other project expenses that do not qualify for
capitalization. After proven and probable ore reserves are declared, exploration
and mine development costs necessary to bring the property to commercial
capacity or increase the capacity or useful life will be capitalized.
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General and Administrative Expenses

General and administrative expenses relate to overhead costs, such as employee
compensation and benefits for corporate management and office staff including
accounting, legal, human resources and other support personnel, professional
service fees, insurance, and costs associated with maintaining our corporate
headquarters. Included in employee compensation costs are cash and stock-based
compensation expenses.

Loss from Equity Investments in Unconsolidated Affiliates

Loss from equity investments in unconsolidated affiliates reflects our
proportionate share of the net loss resulting from our investments in Sayona,
Sayona Quebec and Atlantic Lithium. These investments are recorded under the
equity method and adjusted each period, on a one-quarter lag, for our share of
each investee's loss. Our equity method investments are an integral and
integrated part of our ongoing operations. We have determined this justifies a
more meaningful and transparent presentation of our proportional share of income
in our equity method investments as a component of our loss from operations. In
the third quarter of 2022, we reclassified our share of loss in equity method
investments to operating income for all periods presented. See Note 3-Equity
Investments in Unconsolidated Affiliates for further discussion.

Other Income (Expense)

Other income (expense) consists of interest income (expense), foreign currency
exchange gain (loss), and gain on dilution of equity investments in
unconsolidated affiliates. Interest income consists of interest earned on our
cash and cash equivalents. Interest expense consists of interest incurred on
long-term debt related to noncash acquisitions of mining interests financed by
the seller as well as interest incurred for lease liabilities. Foreign currency
exchange gain (loss) relates to our foreign bank accounts and marketable
securities denominated in Australian dollars. Gain on dilution of equity
investments in unconsolidated affiliates relates to our reduction in ownership
of Sayona and Atlantic Lithium due to their issuance of additional shares
through public offerings and employee stock compensation grants.


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Results of Operations

Three Months Ended September 30, 2022 Compared to Three Months Ended
September 30, 2021

                                                         Three Months Ended
                                                           September 30,
                                                    2022                   2021                $ Change               % Change

Exploration and mine development costs $ 434,177 $ 5,563,028 $ (5,128,851)

             (92.2)%
General and administrative expenses               7,160,482              4,818,647             2,341,835               48.6%
Total operating expenses                          7,594,659             10,381,675            (2,787,016)             (26.8)%
Loss from equity investments in unconsolidated   (2,002,617)              (410,538)           (1,592,079)              387.8%

affiliates

Loss from operations                             (9,597,276)           (10,792,213)            1,194,937              (11.1)%
Other income (expense)                           29,684,376                (69,146)           29,753,522                 *
Tax expense                                       3,422,219                      -             3,422,219               100.0%
Net income (loss)                              $ 16,664,881          $ (10,861,359)         $ 27,526,240              (253.4%)

__________________________

* Not meaningful.

Exploration and Mine Development Costs

Carolina Lithium entered the development stage in December 2021. As such, direct
costs incurred in the three and nine months ended September 30, 2022 were
capitalized and recorded to "Property, plant, and mine development, net" in our
consolidated balance sheets. Direct costs incurred in the three months ended
September 30, 2021 were recorded to "Exploration and mine development costs" in
our consolidated statements of operations.

Exploration and mine development costs decreased $5.1 million, or 92.2%, to $0.4
million in the three months ended September 30, 2022 compared to $5.6 million in
the three months ended September 30, 2021. The decrease was primarily due to the
capitalization of direct costs totaling $2.7 million during the three months
ended September 30, 2022, as discussed above.

Excluding the impact of capitalizing direct costs of $2.7 million in the three
months ended September 30, 2022, exploration and mine development costs
decreased $2.4 million, or 42.8%, to $3.2 million in the three months ended
September 30, 2022 compared to $5.6 million in the three months ended
September 30, 2021. The decrease in costs was primarily driven by a decline in
engineering, drilling and metallurgical testwork activities, partially offset by
an increase in employee compensation expenses related to additional headcount in
the three months ended September 30, 2022 compared to the three months ended
September 30, 2021.

General and Administrative Expenses

General and administrative expenses increased $2.3 million, or 48.6%, to $7.2
million in the three months ended September 30, 2022 compared to $4.8 million in
the three months ended September 30, 2021. The increase in general and
administrative expenses was primarily driven by an increase in employee
compensation costs associated with the hiring of additional management and
support staff at our headquarters in Belmont, North Carolina. Stock-based
compensation expense was $1.1 million and $0.5 million in the three months ended
September 30, 2022 and September 30, 2021, respectively.

Loss from Equity Investments in Unconsolidated Affiliates

Loss from equity investments in unconsolidated affiliates was $2.0 million in
the three months ended September 30, 2022 compared to $0.4 million in the three
months ended September 30, 2021. The loss reflects our proportionate share of
the net loss resulting from our investments in Sayona, Sayona Quebec, and
Atlantic Lithium. Due to the timing of our equity investment in Atlantic
Lithium, we did not have income or loss from this equity investment in the three
months ended September 30, 2021.

Other Income (Expense)

Other income was $29.7 million in the three months ended September 30, 2022
compared to other expense of less than $0.1 million in the three months ended
September 30, 2021. The vast majority of the increase was due to our gain on
dilution in equity method investments, specifically Sayona, of $29.4 million in
the three months ended September 30, 2022 and to a lesser extent an increase in
interest income of $0.4 million in the three months ended September 30, 2022
compared to September 30, 2021.
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Income Tax Expense

Income tax expense was $3.4 million for the three months ended September 30,
2022 compared to $0 in the three months ended September 30, 2021. The increase
was mostly related to deferred tax expense of $7.4 million recorded on the gain
on dilution of equity method investments of $29.4 million in the three months
ended September 30, 2022, partially offset by a $4.0 million tax benefit for a
release in valuation allowance against certain deferred tax assets in the three
months ended September 30, 2022.

Nine Months Ended September 30, 2022 Compared to Nine Months Ended September 30,
2021

                                                         Nine Months Ended
                                                           September 30,
                                                    2022                   2021                 $ Change              % Change

Exploration and mine development costs $ 1,484,889 $ 12,865,364 $ (11,380,475)

             (88.5)%
General and administrative expenses              20,199,852             11,506,078              8,693,774               75.6%
Total operating expenses                         21,684,741             24,371,442             (2,686,701)             (11.0)%
Loss from equity investments in unconsolidated                                                                            *
affiliates                                       (6,547,499)              (475,164)            (6,072,335)
Loss from operations                            (28,232,240)           (24,846,606)            (3,385,634)              13.6%
Other (expense) income                           29,583,405               (223,763)            29,807,168                 *
Tax expense                                       3,422,219                      -              3,422,219              100.0%
Net loss                                       $ (2,071,054)         $ (25,070,369)         $  22,999,315              (91.7%)

__________________________

* Not meaningful.

Exploration and Mine Development Costs

For purposes discussed above, direct exploration and mine development costs
related to development stage projects incurred in the nine months ended
September 30, 2022 were capitalized and recorded to "Property, plant, and mine
development, net" in our consolidated balance sheets. Direct costs incurred in
the nine months ended September 30, 2021 were recorded as expense to
"Exploration and mine development costs" in our consolidated statements of
operations.

Exploration and mine development costs decreased $11.4 million, or 88.5%, to
$1.5 million in the nine months ended September 30, 2022 compared to $12.9
million in the nine months ended September 30, 2021. The decrease was primarily
due to the capitalization of direct costs totaling $7.9 million in the nine
months ended September 30, 2022.

Excluding the impact of capitalizing direct costs of $7.9 million noted above,
costs decreased $3.5 million, or 26.9%, to $9.4 million in the nine months ended
September 30, 2022 compared to $12.9 million in the nine months ended
September 30, 2021. The decrease in costs was primarily driven by a decline in
drilling and engineering activities, partially offset by an increase in
engineering, permitting activities and an increase in employee compensation
expenses related to additional headcount in then the nine months ended
September 30, 2022 compared to the nine months ended September 30, 2021.

General and Administrative Expenses

General and administrative expenses increased $8.7 million, or 75.6%, to $20.2
million in the nine months ended September 30, 2022 compared to $11.5 million in
the nine months ended September 30, 2021. The increase in general and
administrative expenses was primarily due to increased professional fees,
including legal and accounting services, consulting services, and insurance
expense as we became subject to U.S. public company requirements as part of the
Redomiciliation. Employee compensation costs also contributed to higher general
and administrative expenses due to the hiring of additional management and
support staff at our headquarters in Belmont, North Carolina. Stock-based
compensation expense was $2.5 million and $1.1 million in the nine months ended
September 30, 2022 and September 30, 2021, respectively.

Loss from Equity Investments in Unconsolidated Affiliates

Loss from equity investments in unconsolidated affiliates, was $6.5 million in
the nine months ended September 30, 2022 compared to $0.5 million in the nine
months ended September 30, 2021. The loss reflects our proportionate share of
the net loss resulting from our investments in Sayona, Sayona Quebec, and
Atlantic Lithium. For purposes discussed above, we did not have income or loss
from our
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equity investment in Atlantic Lithium in the nine months ended September 30,
2021. We had only one quarter of income or loss from our equity investment in
Sayona Quebec in the nine months ended September 30, 2021.

Other Income (Expense)

Other income increased $29.8 million to income of $29.6 million in the nine
months ended September 30, 2022 compared to $0.2 million of expense in the nine
months ended September 30, 2021. The increase was mostly due to our gain on
dilution of equity method investments of $29.4 million in the nine months ended
September 30, 2022 and to a lesser extent an increase in interest income of $0.4
million in the nine months ended September 30, 2022 compared to September 30,
2021.

Income Tax Expense

Income tax expense was $3.4 million for the nine months ended September 30, 2022
compared to $0 in the nine months ended September 30, 2021. The increase was
primarily related to deferred tax expense of $7.4 million recorded on the gain
on dilution of equity method investments of $29.4 million in the nine months
ended September 30, 2022, partially offset by a $4.0 million deferred tax
benefit for a release in valuation allowance against certain deferred tax assets
in the nine months ended September 30, 2022.

Liquidity and Capital Resources

Overview

As of September 30, 2022, we had cash and cash equivalents of $117.6 million
compared to $64.2 million as of December 31, 2021. As of September 30, 2022, our
cash balances held in the U.S. totaled $116.1 million, or 98.8%, and the
remaining $1.5 million, or 1.2%, of our cash balances were held in Australia.
Our cash balances in Australia can be repatriated to the U.S. with
inconsequential tax consequences.

Our predominant source of cash has been generated through equity financing from
issuances of our common stock. Prior to 2022, we had entered into noncash seller
financed debt agreements to acquire land for Carolina Lithium. Since our
inception, we have not generated revenues, and as such, have principally relied
on equity financing to fund our operating and investing activities and to fund
our debt payments.

In October 2022, Piedmont Lithium was selected for a $141.7 million grant from
the DOE Office of Manufacturing and Energy Supply Chains and the Office of
Energy Efficiency and Renewable Energy under the Bipartisan Infrastructure
Law-Battery Materials Processing and Battery Manufacturing to expand domestic
manufacturing of batteries for electric vehicles and components currently
imported from other countries. Funding from the grant is solely in support for
the construction our Tennessee Lithium project, which is estimated to cost
approximately $600 million.

Our primary uses of cash during the nine months ended September 30, 2022
consisted of: (i) equity investments in Sayona Quebec mainly for the operational
restart of North American Lithium totaling $13.0 million; (ii) purchases of real
property and associated mining interests of $15.7 million and exploration and
development expenditures of $5.1 million for Carolina Lithium; (iii) advances to
Atlantic Lithium for exploration and evaluation activities related to phase one
of the Ewoyaa project totaling $9.8 million; and (iv) working capital. As of
September 30, 2022, we had working capital of $113.7 million.

As of September 30, 2022, we had long-term debt of $0.2 million, net of the current portion of $0.5 million, related to seller financed debt, as discussed above.

In March 2022, we issued 2,012,500 shares of our common stock at $65.00 per
share for $130.8 million. We received cash proceeds of $122.1 million, which is
net of $8.7 million in share issuance costs associated with the U.S. public
offering under our shelf registration statement. As of September 30, 2022, we
had $369.2 million remaining under our shelf registration statement, which
expires on September 24, 2024.


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Outlook

We expect our current cash balances to fund cash expenditures in the fourth
quarter of 2022 and fiscal year 2023 primarily related to: (i) continued equity
investments in Sayona Quebec primarily for the restart of North American
Lithium, (ii) continued cash advances to Atlantic Lithium for phase one of the
Ewoyaa project, (iii) real property acquisition costs and engineering and
permitting activities associated with our Tennessee Lithium project, (iv) real
property and associated mineral rights acquisition costs and continued
permitting, engineering and testing activities associated with our Carolina
Lithium project, and (v) working capital requirements.

As we progress our projects in accordance with our strategic timeline, we expect
to incur certain additional cash expenditures in 2023, which will require
additional equity or debt financing. These additional cash expenditures
primarily relate to: (i) funding of phase two of the Ewoyaa project and (ii) the
purchase of long-lead equipment which is likely to occur in the first half of
2023 and the beginning of construction in the second half of 2023 for our
Tennessee Lithium project. These additional cash expenditures are dependent upon
reaching certain milestones such as completion of a definitive feasibility study
and