General Discussion Topics, page-11825

So for the new people who seem to be uneducated about Hydroxide here is a quick bit.

Today spodumene sells for an average of $750/t market price. We have an agreement with PLL to sell 50% of our combined NAL and Authier spodumene for the life of the mine. For now PLL will resell our spodumene to Tesla. NAL and Authier combined are capable of producing 250,000 tons per year of spodumene. Our all-in cost of production will be somewhere close to $400/t - which give us a comfy $350/t profit.

$350/t * 125,000 = $43,750,000 profit per year.

once we start producing hydroxide, we will be using our own spodumene as feed instead of pay $750/t we will be using only have $400/t of spodumene cost. The total all in cost of producing spodumene will be between $3800 and $4200 per ton. There may be improvement of this over time. So lets use the higher end of the production cost of $4200 per ton, and an average sell price of $15,000 per ton.

(15,000 - 4,200) * 30,000 = $324,000,000 PROFIT per year for at least 14 years.
This number could easily double once we add Tansim production in 5 years time.

So even if there are some up front costs they will need to be met to get the plant running hydroxide, they are pennies compared to the money making beast that we own.

The stupid parade has arrived and given as much fear as they can muster, they will be gone in a few weeks and so will several peoples investments because they did not do the research required to have confidence in their investment.