What happen EUR?, page-37

Ahh yes Andrey , however , Even if the cost of Production will be $10,000 a tonne , the simplicity of volume will speak volumes for itself with 7 million tonnes under the ground . And another block untested . I would much prefer to produce 45,000 tonnes a year at a similar cost than 10,000 tonnes a year with a fairly limited mine life of 10 years , also if you want to sell spodume at EUR you will be lucky to sell it for $8,000 a tonne compared to Hydroxide of $80,000 a tonne .Both will have similar margins of 800 % either way the bigger volume will make the greater profit , and to remember EMH will probably only have 200 mil shares compared to a possible 2 billion shares for EUR . Some of our biggest gold mines here , have a low gramms per tonne , however , are some of the richest mines in the world , just a real pity EMH will not be able to do an open pit mine .