Good old fireside chat, page-5662

Right so with the obvious disclaimer that we are having a fireside chat , I set out below the calcs I did a few months ago slightly amended about our additional minerals.  We all know the estimated calcs about li

1. ——— 43000 ppm magnesium (based on cane creek) mg which would be 430,000 tonnes of magnesium. Price is about 2500 usd per tonne that’s a resource worth 1.075 billion dollars.

2. ———-12894 ppm bromine (based on cane creek) bromine which would be 129,000 tonnes of bromine. Price is about 5000 usd per tonne. That is a resource worth 645 million dollars

3.————110 ppm iodine (based on cane creek) iodine which would be 11000 tonnes of iodine. Price is about 25,000 usd per tonne. That is a resource worth 275 million dollars

4.————-73ppm boron which is less than gb2 for instance is another 5-10 million

That is based on 100m tonnes of brine and doesn’t include The lithium.

I would be interested to have a run through of these numbers and check our calculations and also someone like @anthonybu might have something to add.

This is the starting point as I know I have calculated the figures off the raw material and haven’t accounted for it been a higher grade. For example you don’t calculate the li tonnage you calculate by 5.32 to convert to lce.  I haven’t done that yet with the mg etc but that would increase the tonnage and total value

We all know some or not all of the minerals may be able to be extracted and sold but hopefully this gives us an idea of what sort of numbers we may be talking about if the company was to announce the successful extraction of one or more of them.