Details of Sinclair Zone Project, page-3

Such a grey area pricing on this stuff.....very difficult to forecast price/margins.....and only official off-take numbers will fill that gap (there's one for the chartists)......

There's a slim possibility to value add into a formate end product also.....that would take profitability to an extreme level from just the initial 10K ton. However, I doubt that'll be the road we go down (but interesting to think on and a potential WOW factor should mgt try and successfully implement).

But sitting on at least 10k ton of a novel and extremely rare commodity has plenty of advantages.....

We are, (as far as I know), the only company on a the planet with a currently defined "mine-worthy" "high grade" pollucite resource ready to come online near term. A great place to be.

We can and should play extreme hardball over price, one would assume our directors are, as we have an extremely strong bargaining position.

We are it......we have a damn near monopoly.....we're the last port of call when it comes to newly defined pollucite resources.....there ain't anymore "new" plays out there in a mineable amount at this time (as far as i know anyway).....so if you want our product......pay up......

$20K per ton sounds like an upper end valuation but I sure hope you're on the money  or even underestimating @w27

I'd be happy to see us get margins of $3-4K per ton for an initial off-take. That's probably woefully undervaluing (??)

One things for sure...buyers are there and they appear very interested and keen to grab all we can offer.

At the very least we do know we will mine it and the money from any off-take should be lining our coffers before too long.....so clearly mgt see upside in margins/price etc.

"Mining activities scheduled to commence in June quarter, 2018"

As to the margins/end-price we achieve?

I'll point to the quote in last presentation re Cs formate....

"you wont be able to afford it"

Sure that's for the formate but it underpins some serious potential for excellent profits from the ore.