PLS 2.46% $2.91 pilbara minerals limited

Ann: Pilbara & Calix enter into Joint Venture Agreement, page-45

  1. 9,352 Posts.
    lightbulb Created with Sketch. 2146
    ok here is the breakdown:
    30000 Mt SC5.5 (as stated from BMX guide) - 94.5% = 1650 Mt Li metal / 35% LiCl (in PLS investor presso) = 4714.29 Mt LiCl eluate x $35k USD =
    $165million USD - 45% ( Calix share ) =
    $90.75 million USD x 1.49 (current AUD conversion) = $135.22 million AUD in Annual Sales to PLS .
    So this is my own napkin economics feel free to evaluate LOL but you can see why Calix were keen ! Cheers TT
 
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