Ann: Lithium carbonate and spodumene concentrate pricing update, page-97

My rough calcs are that AKE could generate AU$450,000,000 profit for the June Qtr alone.

That’s based on the expected sales prices as noted and OPEX for Mt Cattlin of US$345/T as per 2021, and OPEX for Olarez taken at $3500/T as per ORE website.

Annualized that’s AU$1.8B. Even applying a PE OF 10 gives a Valuation of $18B and a SP of $28, if sales prices stay at around those levels.

And it doesn’t include future increased production potential.

If my numbers/assumptions are wrong, happy to be corrected.