BLM BIG SANDY APPROVED!, page-66

Based on Data povided, estimate value of the Big Sandy project:

Above 800 ppm cut-off:

- Total LCE (tonne): 8,020,000 tonnes-
- Value = 8,020,000 tonnes x $12,000/tonne (LCE) = $96,240,000,000

Above 2,000 ppm cut-off:

- Total LCE (tonne): 3,987,500 tonnes-
- Value = 3,987,500 tonnes x $12,000/tonne (LCE) = $47,850,000,000

Total Project Value = Value (Above 800 ppm) + Value (Above 2,000 ppm)= $96,240,000,000 + $47,850,000,000= $144,090,000,000

So, the estimated value of the Big Sandy lithium project is approximately $144.09 billion.

To calculate the value of each share, we can divide the total project value by the number of shares outstanding:Value per Share = Total Project Value / Shares Outstanding= $144.09 billion / 4.5 billion shares= $32.02 per share

Since the mine life is 40 years, we can calculate the annual revenue and profit:Annual Revenue = Total Project Value / Mine Life= $144.09 billion / 40 years= $3.60225 billion per yearAssuming a profit margin of 20% (which is a reasonable estimate for the mining industry):Annual Profit = Annual Revenue x Profit Margin= $3.60225 billion x 0.20= $720.45 million per year

Now, we can calculate the profit per sharerofit per Share = Annual Profit / Shares Outstanding= $720.45 million / 4.5 billion shares= $0.16 per share per yearSince the mine life is 40 years, we can multiply the profit per share by the number of years:

Total Profit per Share = Profit per Share x Mine Life= $0.16 per share per year x 40 years= $6.40 per shareThis represents the total profit per share over the 40-year mine life.
Please note that this calculation is a rough estimate and the actual value of each share may vary based on various market and economic factors.