There you go, confirmation
now I’m not dreaming. Just dream bigger from here folks
350,000 x 40 years x 1/2 x $70 = ~ $1 ,000,000,000 in royalties avoided including the 50 cents per tonne
$1 billion guys. We just acquired it for $30m!!!!
And if 75% of the deposit is under royalty, that’s $1.5 billion acquired for $30 million. This is superb.
Please note, my calc is probably conservative, it does not account for increase in lithium prices.
Ltr has multiple growth dimension lol.
Ltr laughing it’s way to the bank!!!
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