Ann: Goulamina Resource increased by 33.8 Mt to 142.3 Mt, page-181

the DSO should bring in 20m USD or 31m AUD, thereabouts.

1/8th of the spodumene price (currently $5300) is $662 US per ton. If your wondering where i got this from, CXO received just over $900/t. Roughly an 8th of what was the spod price was at the time, roughly $7300 USD per tonne. Grade will be similar to Leo at 1.4%.

Leo has said costs of DSO will be $50 less than DFS at $315 per tonne. DSO costs not far off processing SC6 costs due to the long road to port and shipping a much higher volume. There is also some loss due to not being a premium concentrate product therefore cannot assume 1.4% on a direct comparison to 6%.

$662.5 x 60,000t is 39.75m USD
- $315 x 60,000t
=
$20.85m USD
Or $30.9m AUD profit.

Not too shabby