Keith Explanation Proactive, page-3

I beg to differ that you are not listening Miro , $1,500 did not turn into $3,500 they are different figures .
1 : From May 2015 presentation "Very low cost lithium carbonate production (<$2,000/t), potential to decrease with addition of tin/tungsten revenue" Please note that this does not include mining of the ore .
2 : From same presentation "Processing – lithium • HoA with Cobre Montana (ASX:CXB) to trial proprietary atmospheric leach for lithium recovery o Battery-grade Li2CO3 precipitated from Cinovec sample, significant by-product potash (K2SO4 ) • Production cost estimated to be less than $2,000/t Li2CO3 net of potash credit "

3 : Copy for you to read , please note page 8 operating costs http://www.asx.com.au/asxpdf/20150506/pdf/42ydfb2hrqsxls.pdf
4 : Please read all previous presentations produced by EMH and you will find plenty of reference to mining costs over and above the estimated production of Lithium