Average ore mining costs of A$3.40/t mined, total DMS processing and site G&A costs of ~A$28/t, product transport and handling costs of A$51/t, WA State royalties of 5%, resulting Phase 1 production costs of A$634/t FOB, reducing to A$364/t FOB under Phase 2 Average LOM Spodumene concentrate prices of US$743/t (US$880/t for 6%)