Ann: Rincon Lithium Project - Progress Update, page-160

Thanks, but I see your unable or unwilling to explain how you have used current OPEX to compare to a projected OPEX, and have then stated Arcadium will be more profitable? I know it does not fit your narrative to think that a current OPEX of US$6088 is unlikely to be the same in 2 or 3 years, have you heard of inflation?

Projected - estimated or forecast on the basis of current trends or data.
Reported - used to indicate that something has been stated, although one cannot confirm its accuracy.

I especially like the 'if Arcadium can maintain a US$500 lower OPEX, which they probably can based on scale alone, it makes for a more profitable operation'. How about 'if Arcadium can't maintain a US$500 lower OPEX, which they probably can't based on inflationary pressures, it makes for a less profitable operation'.