Banter and general comments, page-11396

Stage 1 + ESS.pdf
Part 2.

Have a financial model (spreadsheet) where more assumptions are made.

Yahua offtake: I assume at 75% to Spod price (from yearly prediction graph). Is maybe low, but as first customer and with ceiling I think they got a good deal (not complaining, was first and oldest when needing to get the ball rolling). Also as Tesla provider of LiOH I think any argy bargy over re-negotiating contract was catalyst for Tesla to step in and take Core remaning spod to give to Yahua for converting. IMHO only.
Ganfeng: at 87.5% of spod price prediction. No ceiling and am of opinion that Ganfeng were screaming for feedstock prior to their future African supply.

Tesla: at 90% of spod prediction. Elon can afford it.

Future spot prices: at 95%. No reasoning, just conservative.

So with those numbers as input, get output. See attached and note is at $4k/t starting price, not yet updated.

Again IIMHO only.