Ann: Positive Lithium Downstream Processing Feasibility Results,MIN-NMT.AX, page-47

Excellent point! Overlooked that! Yes, so from the $4830 cost the majority part ($3097) is the spodumene costs!! So the actual processing costs are only $1533!! That makes much more sense! That is even below the number NMX is quoting as production costs! Excellent!

So this is much much better then I originally thought. Should have taken more time to read and digest this I guess (was a bit stressed for time this morning (I am in Europe)). Thanks for pointing this out!!

Still the selling price is a bit too optimistic IMHO and I also think they should build it near to the mine or near to the port in Australia!

Anyway, this should be good for the SP! With last weeks 160% resource increase and this good DFS the SP should fly. Guess more people are suffering from the same confusion I had with this overlooking the fact that the spodumene is the main cost which is actually income for NMT if it comes from their own mine.