ann: delivers maiden reserve sal de vita, page-9

whats that? 4 times as big as Orocrobre? projction of 25Tpa is 147% greater than Orocrobre?

The only difference is ORE is funded

Their project - NPV 479m
Their market carp - 123m

common mr. market this is just ridiculous! i hate betting against the market but right now, short-selling has made the ASX a casino and its very frustrating.. wake up and smell the lithium! (actually this is probably not a good idea)

ORE DFS SNAPSHOT
16,400 TPA
Capital Cost US$ 207 million
Payback 3 years 3 years
Cash Operating Cost US$/t 1512 Li C
After Tax NPV (7.5%) US$415 million
After Tax IRR 26% 27%