At a very rough estimate NPAT ( there won't be much if any tax) over the next 12 months for our share of the JV would result in earnings in the region of 3.5-4cents per share based on current Lithium prices, current exchange rate and allowing for the PLL contract.
ROR of 8 % of investment per annum equates to an SP of approximately 50C---and yes 50C SP just for the NAL alone...
At a very rough estimate NPAT ( there won't be much if any tax)...
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