I've updated both my SC6.0 & Integrated pathway scenarios;...

I've updated both my SC6.0 & Integrated pathway scenarios; majority of the formula based metrics remains unchanged except:

1. Instead of 90% and 60% increments - these are now 250% and 120% respectively... and that is if LTR is selling their SC6.0 now based on 7.5% of LHM price of approx. $65K/t (who knows.. this price could be the long term norm?).
2. It would seem a bit off if I were to also increase the production/transport cost by similar equivalent - these are dialled back just a little to make it more plausible.
3. Under the Integrated scenario; I previously assumed SC6.0 price to offtake partners at 5% of LHM price - this is now updated to 7.5%.
4. Take note the Integrated scenario shown below is if LTR owns 100% of both the SC6.0 and Integrated Project; Tony had advised that they are likely to bring in a partner - hence, we will not receive full benefit from the project; the split (LTR/JV Partner) at this stage is still unknown.





These numbers are very compelling no matter what the increment % may be; even at the price used in LTR's DFS & Downstream SS.