Ann: Goulamina Drilling Returns Positive Results, page-573

Actually I realised I had NPAT still in USD. Here is the figures converted to AUD (at .75 AUD/USD):



Yep, and I added in that NPAT/MC column just so you can see how off we are.

Our current value is worth less than one year's net profit AFTER TAX from the lithium alone (from a 2mtpa plant!). That is ridiculous.

Note that PLS and KDR, the companies with the lowest ratio, are also the two companies with the highest JORC resource (both over 120mt). That isn't just a coincidence, because it means they will have a much longer mine life. We will reach >120mt in 2018 imo.

This is seriously a no brainer.