FA & General Banter, page-20503

For those interested in Lithium in batteries discussed last week

No claims to be an expert and is related back to being an investor in Lithium stocks / energy transition
So below will contain some errors, even on average. But is more about set up of some figures / spreadsheets of quantity of Lithium needed
to supply EV industry and what Liontown contributes. Their are questionable's there and learning to do, but when calculations are done on LCE or Li2O/Lithia as 100% Lithium KV's importance is diminished. And this happens - a popular online video maker made these errors and assumed our resource was insignificant, when it's one of the best in the world. Volumes of metals put in to help visualise the huge difference of Lithium to other metals - Li almost 2L per Kg Ni/Co/Cu just over 100mL (or 0.1L) per Kg. So [in a battery of Avg's as in table] Li ~twice volume Cu, ~4 times Vol Ni & xx of Co. So Goldilocks, this is why 10 ton vehicle estimate was given for any vehicle with ~63kg of Lithium, it's about Volume.

Battery Metals Weights			In an Avg 60kW Battery*
	Kg per Litre	Vol(L) per Kg	Weight* Kg	Volume L	Value
Li	0.535	1.8692	10	18.692
Graphite( C)	2.250	0.4444	50	22.220	Please
Al	2.700	0.3704	200	74.080	add
Mn	7.430	0.1346	5	0.673	current
Fe	7.840	0.1275	?	-	market
Co	8.900	0.1124	5	0.562	values
Ni	8.908	0.1123	50	5.615	if wish
Cu	8.930	0.1120	85	9.520
Avg	5.937	0.4104		18.766
* Educated Guess from research/reading past 2/3 years
*please insert figures from your own research to use this column/table
Many variables change above - structural pack, NCA/NCM, LFP, M3P, brand etc.
LTR KV 156mt @ 1.4% Li		*assumes full recovery, may be less.
	v		#
	Ton	Value p/Ton	Res. Value	Car Unitsre above
SC66% #	36,400,000	USD $5,000	$182B US
(LCE) 18.8%	11,617,021	?			if 25yr m Life
				[10kg p unit]	Annualised
Bat Grade	2,184,000	USD $47,000	$102.65B US	218,400,000	8,736,000
99.5%
# reading confuses if 6% spod 6% actual Li metal? - welcome any to clear this up

# assume this causes spod worth more than battery grade and is an error in above

Second graph is to work out number of cars can be made from KV Resource, from work out of first graph
Am sure others here can calculate this more accurate, but the idea is something investors will seek to find out to help understand our investment
If LCE or any other measure is used, major errors occur. For example with LCE if confused for 99.5 % Li, LTR KV will only contribute to 41,059,200 cars to be made, or 18.8% of the 218million, or 1.64million p/a. And this is basically what happened on the popular video site
Note: World car production reached almost 100m in 2017 and 18 - will EV reach more? There is also storage, trucks, mining, and other Li uses

Just trying to make a contribution to the great company HC threads. Am overdue to update research in this area so will develop knowledge on this as clearly need to do and with tech developments. Wish everyone all the best with there LTR holding's

Thank-You's to Scarpa (sorry for mis-spelling earlier), Hi27, Goldilocks among others

If something above is completely wrong or mis-interpreted, please let us know. Please explain. Here to learn too.

Troy