The 15% ($AU25.5 million) buys 60mt of pegmatite (400*0.15) at 1.65% Li, that's 0.57mt, (57,000 ton) of LCE.
Worth $AU 10.5 billion at $US13,700*1.34 = $AU 18,700 / ton !!
Not a bad deal.....
Ann: Placement, page-127
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