Lithium spot price now at 78,000CNY up almost 100% in just over 3 months, I'm sure it will be at 140,000CNY ($22k usd) before our plant is running. At that price we would be clearing 17k usd per tonne profit on our 10k PA plant, $170 million usd ($210 million AUD) per year from our little salar. Add in our other project in the states and our incredibly important IP and we have a very valuable company. I won't be one to put a valuation on that but I'm thinking a little more than the current 100million MC.
Enjoy the road ahead long term investors, don't be fooled by the big end of town playing games for your share.
General Discussion AGY, page-127
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