just read that back to yourself a few times
the leading expert - nothing to gain by inflating numbers, just looking at the numbers
lakes bespoke study - has alot to gain from inflating the numbers
notice aswel in the preso the 33k doesnt happen until 2033 a full 6 years after first production, prices are actually at their lowest in 2027 coincidentally and then once kachi is built its all up up up, hmmm... how would it look if they used to 2027 price of 17k per ton
(33k-6000) * 25000 = 675m per year
(17k-6000) * 25000 = 275m per year
ah ok, so only a difference of 400 million then no biggie
275m gross against a 1.4bn CAPEX, uhhhh huh..
Ann: LAKE RESOURCES KACHI PROJECT PHASE ONE DEFINITIVE FEASIBILIT, page-40
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