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Ann: Paradox Brine Stage 1 Sodium Bromide/Lithium Updated PEA, page-81

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    I know the PEA states the figures, but just to clarify, Anson are sitting on approximately 70 years worth of bromine and lithium if both were to be extracted simultaneously at the current rates specified in the PEA? ie (15,000 x avg USD$5268) x 79 years P/T P/A for Bromine and and (2674 x USD$15,000) x 70 years for Lithium?
    These are mentioned in the stage 1 figures. Does that mean stage 2 will be more efficient? Eg more processing = less operating years? Plus the other elements they want to extract

    Bromine
    15,000 x $5280 = $79,200,000 per year
    79,200,000 x 78.4 = $6,209,280,000 total over life of mine (6.2 billion) before costs

    Lithium
    2674 x $15,000 p/t = $40,110,000 per year
    40,110,000 x 71.8 = $2,879,898,000 total over life of mine (2.8 billion) before costs

    Roughly USD$9 billion at paradox alone without any other minerals considered?
    Which means the SP should be at around AUD$10 during production.

    My maths might be way off so please correct me.
 
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