Lithium Map - From PLS, page-4

Your numbers are too low. If you have 177212t of Li2O, but you are selling let's say 5% Li2O (to make it easy) you need to multiple the 177212 by 20 to get the tonnes of 5% Li2O then multiply by $600 (which again is conservative) to get 12000 times 177212 which is about a couple of billion dollars.

I'll do it properly when I have a calculator. But that would be about right. Think about it galaxy has a 10+Mt resource smaller then authier and it is making around $100 million profit a year. We could do the same but for longer. Also think it costs on average about $100 million to build the mine so if your numbers were right no one would be building any mines. I'm good with numbers so I think the accurate figure will not be far off US$2 billion.

This is why I am still here and will fully participate in the CR. There is more upside here than anything else I know of. But without funding we have nothing, still very risky but since GXY and a few others are doing well for me I'll take the punt. GXY could go up 2 times but 20 times here. But due to risk I have 20 times more capital there. So my 5% of funds here could possibly match my 95% of funds there. Lots of upside.

Also looks like AJM will be fully maxed out if more funding comes through so the next guy that comes to them may get pushed over here. Think about it 3 board guys putting in $210000 of there own money. That's a lot to loose but they will be multi- millionaires if it pays off.