GXY's 6% spodumene US$905/t
AUD/USD: 0.77
AVZ mid figure of the exploration target:
1.Bt x 1.375% Li2O x 2.153 x 60% AVZ ownership = 19.5Mt LCE / 6% = 326Mt of 6% spodumene x USD$905 / 0.77 = $383b in ground value of lithium
Tin in ground value would be around $17b.
Total $400b in ground value.
For exercise only.
Running Commentary on the SP Movements., page-4896
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