re: the proof (zzeezz) see page 20! Student,
Why not read page 20 of the EXPERTS report? He says that the REAGENT cost will be 73c per pound and that there will be other costs to extract the Lithium. Clearly the total cost is somewhere higher than 73c. On that very same page he says that SQM sell for a total of 80c per pound. Read it on page 20, as I have not made it up. It is what the expert says and he is a real expert!
Now SQM have a total cost to extract Li at 40-50c per pound says the expert ( also on page 20 ). Clearly SQM have at least a 30c per pound margin but the expert states that ADY cant get close to their costs.
Page 20 says it all. Please read. Clearly you havent yet done so.
page 20 clearly shows that any profit on the Li will be very small or non-existent!
Please correct me if i am wrong in reading this particular page!!!
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