The numbers are:1. Just to power the joint = AU$600 million,2....

The numbers are:

1. Just to power the joint = AU$600 million,

2. CAPEX alone is AU$2.2 billion.

3. That makes the aggregate = AU$2,800,000,000 (AU$2.8bill).

4. LKE current MC AU$78,000,000 (AU$78mil).

5. AU$2.8bill / AU$78mil = 35.9 x

6. Current price of Li LCE 95% = $13,032.39 / tonne (12 handle immediate).

7. LKE’s “bespoke” price (used in their class 3 FS) = $33,000 per tonne

JAN 2025 liquidation sale.

Creditors get cents in the dollar.

Shareholders get nothing.

Note: these numbers are as at AUG 2023 (+/- 15%, and it ain’t gunna be +).

IMO DYOR