Why is AGY the best Lithium pick over other ASX juniors., page-503

Updated my spreadsheet to include a few more S2 capacity scenarios with some revised/tweaked figures & updated USD>AUD FX rate.

Revenue p/t figures are based on Battery grade >99.5% Lithium Carbonate
(FYI - Current spot prices are north of $23k USD with no sign of reversing)

Two P/E scenarios being a conservative P/E of 10 and sector P/E of 12.43

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8	Column 9	Column 10	Column 11	Column 12	Column 13	Column 14	Column 15	Column 16
0	Capacity t/pa	Income p/t	Cost p/t	Revenue USD	Profit USD	AGY Earn in %	AGY EBIT ( USD)	USD>AUD	Mcap   (P/E 10)	SP*	*SOI		Mcap (P/E 12.43)	SP*	*SOI	FX rate USD>AUD
1	15,000	18,000	3,250	270,000,000	221,250,000	90.00%	199,125,000	256,474,991	2,564,749,913	$1.97	1.3B		3,187,984,141	$2.45	1.3B	1.28801
2	10,000	18,000	3,400	180,000,000	146,000,000	90.00%	131,400,000	169,244,514	1,692,445,140	$1.41	1.2B		2,103,709,309	$1.75	1.2B
3	5,000	19,000	3,600	95,000,000	77,000,000	90.00%	69,300,000	89,259,093	892,590,930	$0.81	1.1B		1,109,490,526	$1.01	1.1B
4	4,000	19,000	3,700	76,000,000	61,200,000	90.00%	55,080,000	70,943,591	709,435,908	$0.71	1B		881,828,834	$0.88	1B
5	3,000	19,000	3,800	57,000,000	45,600,000	90.00%	41,040,000	52,859,930	528,599,304	$0.53	1B		657,048,935	$0.66	1B
6	1,500	20,000	4,000	30,000,000	24,000,000	77.50%	18,600,000	23,956,986	239,569,860	$0.27	900M		297,785,336	$0.33	900M