looking at the preso, with reference to page 8:
http://rewardminerals.com/index.php...porate-presentation-developing-the-ld-project
SOP in Aust sells at A$850/tn
Opex is A$175/tn
Projected profit per tonne is A$850-$175 = A$675/tn
Initial production per year = 400,000 tn
Projected profit per year = 400,000 tn/yr * A$675/tn = $270mn/yr
Capex is $150m
So projected profit in just the 1st year is 1.8x the capex.
Let me know if I'm missing anything.
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looking at the preso, with reference to page 8:...
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