Ann: Non-Renounceable Entitlement Offer Completed, page-48

I say they will have enough money to pay the $12 million interest in February but I cannot see how anyone can make money out of what is in the ground in relation to the amount of shares on issue and the cost to get the product out the ground to port.
At today’s prices with all the total product removed from the ground and the cost being $300/ ton to remove the profit is just under 50 cents/ share.
How much are shareholders expecting the Lithium price to increase by? Say $600 X 6 fold..... still only gives you $3/ share TOTAL Profit over 11 years.
I suppose a 6 cent share for a payout of say 70% of the $3 is $2.10/ share over the 11 years isn’t bad but...
Lithium has to average out at $2100/ ton for the entire 11 years.