Assume production rate of 41.2 million tonnes (double rate of recently released Preliminary Feasibility Study) at 1.31% Li2O = 539,720 tonnes at 80% recovery = 431,776 tonnes of 6% Li2O concentrate.
Assume sale price of $800 x 431,776 tonnes = $345,420,800 in annual sales.
Assume valuation at 3 x $345,420,800 = $1,036,262,400 divided by 228,000,000 shares = $4.54 per share.
Upgrade product, increase sale price = conceptual share price target $4-$8 per share in 24-36 months.
Place rocket in bottle, light fuse, run away.
God luck to all longs
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