Sileach process, page-17

If you think all operations up and running and could sell spodumene as carbonate it would put their income to over a billion. If Galaxy was to use one of the new hydroxide plants that Posco has it makes lithium hydroxide at a much faster rate. It also comes out a EV 99.9% grade. That would extremely change the possibilities with SDV. If they were to get involved with Posco they would not need a to bring in as much specialist in the field. Posco would set up the pilot plant and if all goes well less than two years to a commercial plant. The nice thing about the pilot plant is that it can have some money coming in during the commissioning of the commercial plant. I hope that is the route they take. Tenova Bateman is another company specializing in pilot plants that produce battery grade lithium hydroxide. Orocobre is currently using a pilot plant in Argentina. They both sound like great companies but Posco seems to have more knowledge and been in the business a bit longer. It's not hard to get to $.50 a share and if prices and turning spodumene into carbonate into play then Galaxy should be able to get to $1 or better pretty easy. At a dollar per share earnings based on the averages banks use to figure a business's NPV is 11.5 times earnings. With everything up and running that would put potential share price $10. Not thats it's going to happen in the next year or two but if you had some time before you wanted to retire and held out on GXY it would make you a very rich person. At 100 times your money potential for being in early is one of those stocks that only comes along on rare occasions. It's the perfect set up between their owned properties and having all of the expensive work already done makes Galaxy extremely undervalued. Minus needing to build operations which should be around $600,000,000 makes the return on ivestment very high. With three strong properties they could definitely become a power seller. Holding large market share.