AGY 8.14% 9.3¢ argosy minerals limited

From memory 1kg of Li makes roughly 5kg Li2CO3.So resource...

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    From memory 1kg of Li makes roughly 5kg Li2CO3.

    So resource equivalent would be 16.2x10^6 x 1.1% (average) x 5 = 891 kt Li2CO3.

    Or at say 25 yrs LOM 891/25 = 35 kt Li2CO3 pa.

    i.e 35kt pa Li2CO3 @ 25yrs LOM.

    or roughlky $30k x 35k = roughly $1B revenue pa for 25 years.

    Or say 15 x 1B / 1,713,178,294 = $8.75 sp

    Back of coaster stuff using carbonate as apposed to spod but not such an "only".

    Disclaimer I hold CXO @ 23c.


 
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