The only slight problem with your calculations is that the only open market for 6%/5.6% spodumene ore is the PLS online market. The latest results I have seen are over A$10,000 a ton. I can't see that going below A$1000 any time soon. Others are achieving A$1000 and more for direct ship ore. That would seem to me to say that you are out by an order of magnitude. Where am I wrong.
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