LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

POSCO, I_will_show_you_mine. You_show_me_yours.
Assume 574,000 tonnes LiCO3 Click Here
Assume we start mining in 2019.
Assume Chile allows us to export 28,700 tonnes per year at the very minimum.
Assume LIEG could appreciate $.01/month minimum for the next 24 months blindfolded with one arm tied behind our back.
As a point of reference Albermarle will be exporting 80,000 tonnes per year from Chile.

Lithium Carbonate Equilvalent = 574,000 Tonnes
Price Li2CO3 = $18,675 per tonne
20-year life span of mine = 20 Years
Life of mine value = $10,719,450,000

Tonnes production capability per year = 28,700 Tonnes with no sweat.
Mine value per year (gross revenue) = $535,972,500
Profit on mining operation after expenses = 9%
Profit per year (future) = $48,237,525

LPI profit per year 50.0% = $24,119,000
Minera Salar Blanco profit per year 32.3% = $15,581,000
LIEG profit per year 17.7% = $8,538,000

Value of LIEG at Cap Rate 8% = $106,726,000 with no inflation even figured in.

Number of LIEG shares = 495,153,347
Projected value of LIEG share 2019 = $0.216 PPS at the absolute bare minimum

Interest Rate = 4.00%
Nper. Number of months in study = 24
Minimum appreciation per month per share = $0.010
Future Value February 2019 = $0.216 PPS
Type (payment at beginning) = 1
Value of LIEG share February 2017_____=____ $0.074 PPS

If Trump nukes Australia then this figure triples and LPI is probably out of the picture.

The Doctor

PS, are you guys voting for the merger or not?