Offtake coming, page-68

I had to do the math based on the podcast earlier. Bernard Rowe speaking about INR

10 tons of boron for every 1 ton of lithium extracted.$700 per ton for boron = $7000 (10:1) $10,000 per lithium = $10,000Conservatively if they say $500 per ton of boron = $5,000 (10:1) this can also be used in the event Li drops below $10,000 per ton.

They worked out that at the top end it will cost $7000 per ton of lithium in cost.This effectively leaves the lithium as pure profit or if u be overly conservative at $500 per ton for the boron.$2,000 per ton cost price of lithium.It sells for over $10,000 a ton.

So maths is:$8,000 profit per ton conservatively x20,000 tons per annum.$160,000,000 net profit.Per share /1.5 BillionLeaves earnings per share of just over 10c per annum!

Note: Obviously the above doesn’t factor in a capital raise or finance.