Assume production rate of 41.2 million tonnes (double rate of...

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