Yeah @rahsha, I did notice that, which was why I wrote the following point in my earlier post.
"At this stage I'm thinking that the SP is currently valued somewhere between Beer & Co's 70c valuation and the $1.35 above."
My very simple calculation allowed for the fact that the USD $750/t was based on a >7.5% Li2O and that our material grading was less than this. Obviously this would reduce the SP estimate and I tried to allow (albeit poorly it seems) for that by providing a range for the SP with a maximum of $1.35.
Long term I think the SP is worth more than this, so we are really discussing semantics here.
(Not sure why you needed to specify the exact distance (1cm) above the table, when you could have just wrote above the table, makes me wonder if you actually got the ruler out to measure it.)
Cheers, TCS
Yeah @rahsha, I did notice that, which was why I wrote the...
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