Latest presentation says
Small scale DMS producing 35,000t SC.
So they are looking at producing 35 000 t of Li concentrate . working on the figure in the presentation of $800 a tonne this small scale set up will produce revenue before costs ect of $28 million a year , current market cap is roughly $36 mil
35000t to me seems even on the low side as 50 tonne an hour and if operates 24hrs a day is 438000t a year working on roughly an industry standard of 80% availability is roughly 350000 tonne a year
So looks like they've used maybe a 10-1 ratio so 35000 tonne is very realistic and wouldn't be surprised if they knock that figure out of the park to reward both shareholders and management themselves being significant shareholders
DHR Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
