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Ann: GOULAMINA LITHIUM PROJECT DEFINITIVE FEASIBILITY STUDY, page-57

  1. Naza
    838 Posts.
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    20/10/20
    19:29
    Post #: 48246765
    https://hotcopper.com.au/data/attachments/2576/2576630-72120ee522df1e768cfb413c6ad7e512.jpg
    This is the approx. price for 6% spodumene, US$375. The DFS used US$666. So someone is going to fund development on a mine, understanding today's depressed SC6 price, and "guessing" that by the time MLL builds a mine it'll be US$666? It's not going to happen, or the cost of money will be exorbitant due to risk.
    MLL Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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