attempted valuation, page-15

"The Economics of Lithium (10th Edition, 2006) explains that the outlook for lithium consumption also appears to be optimistic. Overall growth is estimated at 4%py, resulting in a rise in world consumption from some 80,000t LCE in 2005 to 97,400t in 2010. Growth in terms of end-use will continue to be led by lithium ion and, increasingly, lithium polymer secondary batteries. Demand for lithium carbonate in this end-use is projected to rise by 10%py from 16,000t in 2005 to 25,800t in 2010, equivalent to over a quarter of the total lithium market. Asia, especially China, South Korea, Taiwan and India, will lead growth in terms of geographical area. In 2004, per capita consumption of lithium in China stood at just 4lb/000 people compared with over 21lb in the USA, indicating significant potential market growth.".

DBK emphasis added

http://www.the-infoshop.com/press/ros42739_en.shtml

i dunno guys im not trying to knock you all it just seems the demand would be capped at 200,000 tonnes in the next few years at current growth rates?

thanks