pev presentation calculations

http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00835255

Mining underway and buyers lining up, its a great position to be in.

Current Market Cap 304,862,547 x 0.07 = $21,340,378.29

Upper bentonite total = 7,590,000 Tonnes
Lower bentonite total = 7,425,000 Tonnes
Total = 15,015,000 Tonnes

Dried unprocessed bentonite costs = $120-$150/Tonne
Accumulative mining and transport costs = $73.25

15,015,000 Tonnes x (120-73.25) = $701,951,250
15,015,000 Tonnes x (150-73.25) = $1,152,401,250

The bentonite resource alone is worth between:

$0.7 - 1 BILLION

Yes, the MC is 1/50th the value of this particular resource. The presentation also highlights Sodium Bicarbonate and Dolomite projects also....