Short answer Bobla, no, it doesn't include by-product revenue. I...

Short answer Bobla, no, it doesn't include by-product revenue. I also just looked at the August technical report and from what I can glean, it seems that if LPI were to employ conventional processing of Maricunga lithium brine, lithium recovery and potassium recovery rates would be 55% and 70% respectively. Having used a meagre 40% lithium recovery rate for my back of the envelope calc indicates that it is understated on that front as well. I dont want to get carried away with this numbers' stuff because that is all it is, just numbers. BUT it does indicate that there is plenty of potential upside to the LPI price.