*17/11 Lithium price adjusted to conservative near future value <24 months
Lithium Price per tonne $12,500
Cost To Extract $5,500
Lithium MT at Kathleen 155,000
Shares on issue 1,711,290,000
If Lithium price triples in next 3-5 years as many expect it will, this valuation changes to $1.81. This also dosen't take into account other projects.