59mt @ 1.12% = 660,800 t Li2O
From just 27,600m of assays
Before open, this valued Adina at 223 aud /t Li2O
i.e. 223 aud /t EV for Adina + 70m cash + 20% PWM.V + other projects
By comparison:
LRS valued at 695 aud EV /t Li2O for Colina (63.5mt @ 1.3%)
PMET valued at 835 aud EV /t Li2O for Corvette (109.2mt @ 1.42%)
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- Ann: Globally significant MRE of 59MT at Adina Lithium Project
Ann: Globally significant MRE of 59MT at Adina Lithium Project, page-17
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