55% Gross Margins for NILI at $ 10,700/ton LCEAnother way to calculate the profits of NILI is to calculate how much profit they make per lb of LCE.
1 ton = 2000 lbs
1 ton or 2,000 lbs sells for $ 10,700 USD or, $ 5.35 per lb
Cost: $ 4,900 for 2,000 lbs or, $ 2.45 per lb
Profit: $ 2.90 per lb of LCE or, 55% Margin.
So while other companies shut down, NILI carries a 55% profit margin at beaten down lithium prices of $ 10,700 USD per ton LCE.
No one will be able to compete with NILI.
That $ 100 billion Harris purchase order will be for NILI lithium
Good Luck,