General Discussion, page-8824

Let’s throw some back of the envelope numbers,

us$1500t current spot price sc6 ( round down to us$1200)
500ktpa sc6 mined (on round down) stage 1.
at worst case 29% ownership
at approx us$400 costs per ton (us$1200 - us$400 = us$800 profit)

500k / 29% = LLL share = 145ktpa
145k x us$800 = us$116m profit (aud$177m)

stage 2 production plannned to commence 12 -18month after first production with a 12 month construction estimate.

1m production at above figures =
290ktpa LLL share x us$800 profit = us$232m profit pa(aud$354m profit per annunal aka more profit per year than you believe the company is worth as a whole)

then add stage 3….
add hydroxide, M&A etc etc.

and that’s using your worst case scenarios… variables being slow ramp up (though having a tier 1 partner is something not to be underestimated)
increase LLL’s holdings in Goulamina or/ and spot price and the profit margin ballons….

once in production, care and maintenance wouldn’t be considered till under us$400 a tonne… no many lithium companies have that up their sleeve … LTR sure doesn’t

lastly, full foundered on minimal loans is a massive positive…