Ann: Half Year Accounts, page-4

Hi Dom, thoughts are it’s going to be a busy month for news,
Test work to support Lioh plant results due March 18
Battery recycling pilot operation results due March 18
Lithium titanate test results due March 18
Titainuim NMT plans to licence neomet process to titanium industry partners (interesting partners not partner) conditional on entry into long term take or pay off take agreement. I like sound of that and wonder the size of any deal considering NMT own 100% of titanium deposit this could be massive for NMT. Like they said titanium the big one.
201k tons lithium ore shipped in period, if half at 6% concentrate that’s 100k x $841 usd per tonne is $84m usd.
This gets split between Gangfen 42% MIN 42% and NMT 13.8% so our end about $7.2m Aus for the 6% there’s also 100k tonnes @ 4% grade so we may get 2 or $3m from that giving roughly $10m Aus for the period which could be right as they said our end for FY 18 would be about $20m going to $30m FY 19 once new flow plant lifts the 4% grade up to 6% . So $10m for half year makes sense.
I don’t see the cash from mine in accounts but I’m not the best at reading these I would expect an Ann on income from mine once it’s been shared out which could be any week now.
My thoughts are as it’s now March 2018 we are in for some great news flow on what we are told is to be announced in March, with potential other news should titanium partner or partners be signed up or Chinese take direct ore etc etc. Exciting times ahead, Loop.