Running discussion on SP, page-66946

With the expanded Szenario we will produce 1.6mt SC6. For 540k t we have already Offtakes. I think more than $2.000/t won’t be possible. For the other 1m t it could be possible to get $3.000/t right now on the open market. That’s in total around $4b revenue per year. At a 60% ratio that’s $2.4b profits per year. Further improvements upstream like refining to PLS or lithium hydroxide should also improve this. With a 66% ownership (best case) that would be around $1.6b for AVZ or around USD 50ct per share. Maybe Nigel will give us a dividend of 25ct. However, exciting times but we need the ML first of all