feas confirms its a goer

Tough luck to all those who jumped off.

Quick financials:

120k spodumene concentrate at $450 (median price) gives $54m rev p.a.

200k pounds Ta concentrate at $50 gives $10m rev p.a.

Total Rev p.a. = $64m

Total op costs for 1m tpa = $33m

Total net cash flow p.a. pre tax = $30m

Cap cost $40m (i.e. 1.3 yrs payback)

NPV using 10% discount rate is just under $200m.

Market cap now - just over $30m

All this using conservative numbers.