Good Post Bandalup2,I'll just re-express some of the figures in...

Good Post Bandalup2,

I'll just re-express some of the figures in revenue and costs per tonne:

1 Mtpa:

1. Operating Costs estimate : $33 per tonne;

Question : A$ or US$;

2. Tantalum Revenue: 200,000 lbs;
US$45 to US$50 per lb contained Ta2O5;
Annual Rev: US$9M to US$10M;
At 1MTPA : US$9 to US$10 per tonne;

3. Spodumene Concentrate: 116,666 tonnes pa;
US$400 to US$500 per tonne;
Annual Rev : US$46.66M to US$58.33M pa;
At 1MTPA : US$46.6 to US$58,3 per tonne;

4. Total Revenue per tonne:

Low: US$55.66 per tonne;
High: US$68.33 per tonne;

5. Marginal Contribution:
(Aassume operating costs expressed in US$)

Low: US$22.66 per tonne or 40.7%;
High: US$35.33 per tonne or 51.7%;

6. Annual Contribution at 1MTPA : US$22.6M to US$35.3M;

7. Capital Costs: $40M (US$ or A$);

8. Life of mine :

- not less than 10 years;
- Resource Defination 12.4 MT at 1mtpa = 12.4 years.

Bandalup2, I sometimes like tpo express things in $ per tonne. It helps me get a better feel for the project.

Regards

SP