Edit from previous post - that was PLS may have these Auctions...

Edit from previous post - that was PLS may have these Auctions couple times a month not Week

OK Gazzah - for a bit of fun - If we could get it out the ground and sell for this price
- Lets stick with tonnes of ORE

1.25% Li2O Spodumene

Assume RESERVE of 10dmt (~30% bigger than CXO’s mining reserve) open pit and underground

@with a concentrate with the stated 74% recovery of and produce a 5.6% Lithia concentrate.

10mt @ 1.25% divide by 4.4 to concentrate to 5.6% and times by 74% recovery

1,681,818 dmt of concentrate lithia @ 5.6% - close enough to PLS's 5.5% in the latest Pre-Auction Bid

1,681,818 at 9182AUD ~ $ 15.4B AUD