Ann: Drilling Update - Reung Kiet Lithium Project, page-17

assuming by time we start producing the lithium carbonate price is 35 k for argument’s sake. Let’s also assume we can eventually get to a 20 k per annum production I can’t see why we wouldn’t have 200000 contained lce from drill holes 48 to 96 or so plus than all of bang i tum.

producing 20 k of lce per annum would equate to about 700 million turnover. Quite remarkable. Minus costs of let’s assume 5k per ton so 100million In processing I’m not sure this would include staff and corporate costs etc or is it just the processing? I don’t know. Anyway let’s assume another 20 million per annum in other costs just for argument sake.
thats 580 million profit margin. Minus 20% taxes in Singapore that leaves about 450 million profit.

what market cap would a company with that type of profit have ? Does any know or have examples of other companies making this kinda coin and there market caps.

obviously a lot of water has to flow under the bridge but what’s everyone’s thoughts on this