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dickmilde

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dickmilde

Re: info-trex post# 4297

Tuesday, 07/11/2017 12:46:56 PM

Tuesday, July 11, 2017 12:46:56 PM

Post# of 10481
I think you're looking thru rose colored glasses.

From the LACDF web site they are estimating annual EBITDA, That stands for earnings before interest, taxes, depreciation and amortization, of about $184 million.
http://lithiumamericas.com/companies/cauchari-olaroz/

And that's with a lithium price of $10,000 per ton which is above the current market.
https://www.metalary.com/lithium-price/

Apply a 33% tax rate and deduct depreciation and interest and you can see there is very little if anything left to divide by that 1 BILLION shares.

The only place where success comes before work is in the dictionary

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