Ann: GOULAMINA LITHIUM PROJECT DEFINITIVE FEASIBILITY STUDY, page-82

Yep. Today will be the start of many good days. Have to have a laugh about the Euroz report. They value the Plant at $45 mill with a replacement value around $300 mill. Without the Plant all we have is a big lump of dirt with GOLD under it. To top it off Euroz only value the Tailings with no value on the deposits we know about. Then they say if we are successful we would be producing around 150k ounces pa for 8 to 10 years.
They then value LTR 's Lithium at 8 times the value of ours even though our NPV after tax is higher. There are reasons for some difference but it shows the potential we have for HUGE SP appreciation both for the Lithium and GOLD.