Looking at Lake Resources Kachi brine deposit, in their latest presentation they state: 1.01Mt indicated resource @290mg/litre lithium with a post tax NPV of US$1,580m (equiv to AUD$2,192m) using US$15,500/t lithium carbonate price.
If LEL has a minimum exploration target of 1.5Mt could one correctly infer an NPV in the order of AUD$3Bn for a 1.5Mt resource.
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