So i'm gonna guess that with high oil costs, mining equipment costs, etc., compared to when the PEA came out a few years ago (during the recession), that ORT's EMM production costs come in around 78-80 cents/lb (don't know if that will include credits for anhydrous sodium sulfate, let alone strontium and whatever else is profitable in all that ore they'll be bringing out).
This will still make them the lowest cost producer in the world, beating China and S.Africa by a whopping 45-60 cents.
Also, i bet their plant startup capex comes in at $140M. But that the high IRR will allow for full payback in under 2.5 years.
Remember: this pre-feas study will NOT show any revenues/earnings possibilities for EMD/LMD, which will be the really big profit segment for AMY. And Larry is sounding really confident and gung-ho about that segment for the battery industry. Kemetco should be making some BIG NEWS about this segment for AMY at different intervals in 2012, as the prior n.r. on this topic noted.