Hey Jazzaborg,It's actually 170 000 tons a year but to give you...

Hey Jazzaborg,

It's actually 170 000 tons a year but to give you the key details without another long breakdown of the numbers, based on 6 K it's approximately 841 million AUD a year in pure profit after all taxes, royalties and expenses. The All-In Sustaining cost (which is everything accounted for except tax and royalties) is 543 USD a ton.

If we get 7000 it's 1.118 billion AUD after everything a year in pure profit. My figures just for transparency also Include a discount rate of 10% from spot price for our offtake partners to keep things sweet with them.

The industry standard multiplier is a factor of 8 (conservatively) for lithium miners, so take the aforementioned figures at either 6 or 7 000 USD (Choose your adventure) times it by 8 to give you the expected market cap at that spot price for our spodumene.

Divide the market cap figure by 1.77 billion shares on issue if you want the individual share price expected at that market cap.

I've been predicting a spodumene spot price of between 7 and 8 000 USD once we go into production for a while now and PLS just sold 6% Spodumene (the stuff were intending to produce) at 7700 USD a ton on their BMX website tonight so make of that what you will.

Hope this helps, good hunting.