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Ann: West Arunta Exploration Update, page-68

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    expected jorc thanks to various posters on wa1

    100mt @ 1.1% equals 1.1 million tonnes of metal (probably being conservative here )

    tali owns 8,525,000 wa1 shares out of 62,000,000
    equals 13.75%

    tali has 151,250 tonnes niobium

    amn holds 40% of tali

    Amn has 60, 500 contained tonnes niobium

    60,500 multiplied by AU$45,000 per tonne is

    $2.723 billion
 
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