General discussion, page-472

Lepidico is completely focused on building a 20,000kt P1 plant in Abudabi.
There has never been talk of living off royalties alone, and it would be a ridiculous idea.

But allowing other miners to build their own plants and pay LPD royalties is just cream on top.

Working on your given Royalty % of 5 to 10% and working on the figures given to me by a figures extraordinaire of approx $180mil Net revenue per annum.

You would be suggesting a possible royalty of between $9 to $18 million per licensed plant per annum.

Nothing to sneeze at..

Add that to Lepidicos estimated revenue from phase 1, thats bloody good.
Even if Lepidico paid BM 50% or more.
Still a nice figure for a licence.

Yep, I'm still happy.