I was going back over those same calculations today and came up with a similar number, if it gets sold on the spot market.
I think a PE of 1 to 2 is a tad on the low side
The other part of it is that we could build the 10kt/an plant easily with the earnings. Particularly taking into account the build time.
There would still be plenty left over to continue on the work at Tonopah etc
Good to have options moving forward, 2500t of lithium will do that for you.
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