Interview with Joe Walsh, page-2

@maxi1981 ’s done it again. A very good summary put in one place !!!

JW always very humble not even mentioning how he played a key role to progress Panaust from explorer to producer before being taken over at $2.5 billion.

Looks like majority is held by retail at the moment although Gxy and SM hold a combined 22%. Once the pilot plant starts it gives confidence to high net worth individuals to pour money in here.

There you go, for newbies, the A$83 million potential profit for just one (1) Phase 1 plant we’ve been mentioning is derived as follows:
Usd14,000 price per tonne of lithium hydroxide (they usually use lower price for fs)
(Usd2,000) - less C3 costs (YOU CANNOT FIND A BETTER COST CURVE THAN THIS)
——————-
Usd12,000 profit per tonne (Very High, only possible by Lmax loh-max)
x 5,000 - production debottlenecked
————-
=usd60 million or AUD83 million or $70 million if Li price is reduced for FS purposes

How many P1 plant will LPD build?

Each P2 plant is 4 to 5 times bigger or $330-$400 million profit. How many Phase 2 plants will LPD build?