General Discussion, page-1174

Best to stick with Spodumene concentrate as that is what we will sell

Lets assume a 7.5mt Mining Reserve @ 1.2% Li2O and concentrate to 5.5% @ 70% recovery

Spod price - Value
US$2.5K/t - US2.86B - AUD $4.48 Bil
US$5K/t - US5.78B - lets round it up to a cool AUD 9 Billion

You can take out a rough figure of $500 a ton for production costs.
Mined over 7 years- around a Bill per year

Anyway you dice the figures -we will be printing $ on mining.