At current lithium prices assuming WR1 having 100MT.Wr1's AISC =...

At current lithium prices assuming WR1 having 100MT.

Wr1's AISC = $693 p/t. Assuming a profit at current prices of $100 per tonne.

At today's pricing (the very bottom of the lithium curve), WR1 will have a LOM profit of around $2 Billion.

This assumes 5 tonnes of spodumene to produce 1 tonne of battery grade lithium content.

So if my maths is correct, the absolute worst case scenario at present is $2 Billion LOM profit.

(Others that are more astute or with a mining background may have a better understanding of the profitability calculations).

As SC 5.5 Lithium spot approaches $1375.00 p/t (as has been forecast), the profitability significantly increases.

Assuming $1375.00 spodumene p/t with AISC $693, LOM profitability reaches $13.6 Billion.

If that is incorrect, happy to hear other's opinions.

Cheers