Fundamentals, page-20

That 473,135 tonnes is the quota for half the resource down to 200 metres at a 40% recovery rate. The PEA recovery ate is 51% and there is a strong chance LPI will double the size of the Maricunga resource so effectively with a recovery rate of 51% over the full resource down to 400 metres you are looking at an extraction and export quota of around 2 million tonnes BG LCE.

The potential IG resource value of the Maricunga resource is between US$70 - 80billion. The market value of the current resource is US$288 million (benchmarking POSCO Sal de Vida) offer with potential for that to more than double.