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Sunday, 10/10/2010 1:07:40 AM

Sunday, October 10, 2010 1:07:40 AM

Post# of 613
Anybody ever done a back of the envelop guessimate what GALXF might be worth per share once in full operation with mine capacity / China processing capacity as stated today?

I found a 2009 price for lithum carbonate of $6550 / ton. What that is exactly who knows, I assume processed to some purity. Wild guess that gives at least a number on top of like $111.35 million. Probably higher, if you consider by-products.

Something like maybe $6 PPS next year. Does that sound reasonable?

With the purity levels GALXF will output what could be a better guessimate? Ain't seeing much on the subject.

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